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China Online Education Group (NYSE:COE) Sees Large Decrease in Short Interest

May 6, 2022
Source: etfdailynews.com etfdailynews.com
News Snapshot:
China Online Education Group ( NYSE:COE – Get Rating ) was the target of a significant drop in short interest in the month of April. As of April 15th, there was short interest totalling 443,600 shares, a drop of 22.0% from the March 31st total of 568,500 shares. Based on an average daily volume of 404,500 shares, the days-to-cover ratio is presently 1.1 days. COE opened at $1.46 on Thursday. The firm has a market capitalization of $31.51 million, a PE ratio of 2.03 and a beta of -0.52. China Online Education Group has a twelve month low of $0.76...
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