Tarena International Inc (NASDAQ:TEDU) was the target of a significant decrease in short interest in January. As of January 31st, there was short interest totalling 546,160 shares, a decrease of 31.1% from the January 12th total of 792,589 shares. Based on an average trading volume of 122,859 shares, the short-interest ratio is presently 4.4 days. Currently, 1.1% of the shares of the company are short sold.

Several equities analysts recently commented on the stock. Zacks Investment Research upgraded shares of Tarena International from a “sell” rating to a “hold” rating in a research note on Wednesday, October 25th. BidaskClub downgraded shares of Tarena International from a “buy” rating to a “hold” rating in a research note on Wednesday, January 10th. Finally, Jefferies Group downgraded shares of Tarena International from a “buy” rating to a “hold” rating in a research note on Wednesday, November 22nd. One analyst has rated the stock with a sell rating and six have given a hold rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $20.13.

Tarena International (NASDAQ TEDU) opened at $11.92 on Monday. Tarena International has a one year low of $11.48 and a one year high of $21.70. The company has a market cap of $675.36, a PE ratio of 22.92, a P/E/G ratio of 1.46 and a beta of 0.75.

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

A number of institutional investors and hedge funds have recently bought and sold shares of TEDU. Davis Selected Advisers lifted its position in Tarena International by 209.9% during the third quarter. Davis Selected Advisers now owns 2,458,979 shares of the business services provider’s stock worth $35,778,000 after purchasing an additional 1,665,477 shares during the period. Schroder Investment Management Group lifted its position in Tarena International by 24.7% during the fourth quarter. Schroder Investment Management Group now owns 1,723,695 shares of the business services provider’s stock worth $25,838,000 after purchasing an additional 341,787 shares during the period. Greenwoods Asset Management Ltd lifted its position in Tarena International by 35.5% during the third quarter. Greenwoods Asset Management Ltd now owns 1,072,375 shares of the business services provider’s stock worth $15,603,000 after purchasing an additional 280,718 shares during the period. Bank of New York Mellon Corp lifted its position in Tarena International by 391.5% during the third quarter. Bank of New York Mellon Corp now owns 219,507 shares of the business services provider’s stock worth $3,193,000 after purchasing an additional 174,842 shares during the period. Finally, Parametrica Management Ltd bought a new stake in Tarena International during the fourth quarter worth about $2,111,000. 34.37% of the stock is owned by institutional investors and hedge funds.

TRADEMARK VIOLATION NOTICE: “Tarena International Inc (TEDU) Sees Significant Decline in Short Interest” was first posted by TheOlympiaReport and is owned by of TheOlympiaReport. If you are reading this report on another site, it was stolen and reposted in violation of US & international copyright law. The legal version of this report can be accessed at https://theolympiareport.com/2018/02/12/tarena-international-inc-tedu-sees-significant-decline-in-short-interest.html.

About Tarena International

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.

Receive News & Ratings for Tarena International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tarena International and related companies with MarketBeat.com's FREE daily email newsletter.