Tarena International Inc (TEDU) Short Interest Down 23.9% in January

Tarena International Inc (NASDAQ:TEDU) saw a significant decrease in short interest in January. As of January 12th, there was short interest totalling 792,589 shares, a decrease of 23.9% from the December 29th total of 1,041,446 shares. Based on an average daily volume of 111,582 shares, the days-to-cover ratio is currently 7.1 days. Approximately 1.7% of the shares of the stock are sold short.

Tarena International (TEDU) opened at $13.55 on Monday. Tarena International has a 1 year low of $12.52 and a 1 year high of $21.70. The firm has a market cap of $764.88, a price-to-earnings ratio of 26.06, a price-to-earnings-growth ratio of 1.65 and a beta of 0.98.

Tarena International (NASDAQ:TEDU) last posted its quarterly earnings data on Monday, November 20th. The business services provider reported $0.24 earnings per share for the quarter. Tarena International had a net margin of 11.77% and a return on equity of 13.44%. equities analysts expect that Tarena International will post 0.5 earnings per share for the current fiscal year.

Hedge funds have recently bought and sold shares of the business. Bank of Montreal Can increased its position in Tarena International by 10.8% during the fourth quarter. Bank of Montreal Can now owns 38,694 shares of the business services provider’s stock valued at $580,000 after acquiring an additional 3,773 shares during the last quarter. Bank of New York Mellon Corp bought a new position in Tarena International during the second quarter valued at $800,000. Nordea Investment Management AB increased its position in Tarena International by 26.0% during the second quarter. Nordea Investment Management AB now owns 129,863 shares of the business services provider’s stock valued at $2,326,000 after acquiring an additional 26,830 shares during the last quarter. State Street Corp increased its position in Tarena International by 7.2% during the second quarter. State Street Corp now owns 132,221 shares of the business services provider’s stock valued at $2,368,000 after acquiring an additional 8,924 shares during the last quarter. Finally, Copper Rock Capital Partners LLC increased its position in Tarena International by 25.6% during the fourth quarter. Copper Rock Capital Partners LLC now owns 383,576 shares of the business services provider’s stock valued at $5,589,000 after acquiring an additional 78,163 shares during the last quarter. Institutional investors and hedge funds own 34.41% of the company’s stock.

A number of research firms recently issued reports on TEDU. BidaskClub downgraded shares of Tarena International from a “hold” rating to a “sell” rating in a research note on Thursday. Jefferies Group cut shares of Tarena International from a “buy” rating to a “hold” rating in a research report on Wednesday, November 22nd. Finally, Zacks Investment Research cut shares of Tarena International from a “hold” rating to a “sell” rating in a research report on Tuesday, November 28th. One analyst has rated the stock with a sell rating and six have assigned a hold rating to the company. Tarena International presently has a consensus rating of “Hold” and an average target price of $20.13.

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Tarena International Company Profile

Tarena International, Inc (Tarena International) is a holding company. The Company, through its subsidiaries, provides professional education services, including professional information technology (IT) training courses and non-IT training courses across the People’s Republic of China (PRC). It operates through training segment.

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