QuantaSing Group Limited (NASDAQ:QSG – Get Free Report) was the target of a significant drop in short interest in the month of September. As of September 15th, there was short interest totalling 231,500 shares, a drop of 13.1% from the August 31st total of 266,300 shares. Currently, 0.8% of the company’s stock are sold short. Based on an average daily trading volume, of 47,700 shares, the days-to-cover ratio is currently 4.9 days.
QuantaSing Group Trading Down 7.5 %
Shares of QSG stock opened at $1.84 on Friday. The company’s fifty day moving average price is $1.72 and its 200-day moving average price is $2.36. QuantaSing Group has a 12 month low of $1.41 and a 12 month high of $4.48. The stock has a market cap of $94.23 million, a PE ratio of 3.23 and a beta of 0.79.
QuantaSing Group (NASDAQ:QSG – Get Free Report) last issued its earnings results on Wednesday, August 28th. The company reported $0.50 EPS for the quarter. QuantaSing Group had a return on equity of 104.58% and a net margin of 10.15%. The business had revenue of $137.62 million for the quarter.
Institutional Inflows and Outflows
About QuantaSing Group
QuantaSing Group Limited provides online learning services in the People's Republic of China. The company offers online courses, including financial literacy, short-video production, personal well-being, electronic keyboard, and meditation courses. It also offers marketing and enterprise talent management services to enterprise customers.
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