(NASDAQ:TEDU) shares saw light trading volume with 47K shares changing hands in the last trading session. Trading volume was down 76.30% under the stocks average daily volume. Investors are feeling more bullish on Tarena International, Inc. – Am of late as shown by the fall in short interest. The firm recorded a fall in short interest of -9.74% between September 29, 2017 and October 13, 2017. Short shares fell from 488,245 to 440,706 over that timeframe.
Additionally, here are a few investment firms who have increased or decreased their stake in (TEDU). Copper Rock Capital Partners, LLC expanded its investment by buying 33,318 shares an increase of 12.2%. Copper Rock Capital Partners, LLC controls 305,413 shares worth $4,422,000. The total value of its holdings decreased 9.7%. As of the end of the quarter Bank Of Montreal /can/ had sold 19,849 shares trimming its stake by 71.3%. The value of the total investment in Tarena International, Inc. – Am decreased from $499,000 to $116,000 a change of $383,000 for the reporting period.
As of quarter end First Trust Advisors LP had acquired a total of 17,768 shares growing its holdings by 17.0%. The value of the investment in Tarena International, Inc. – Am went from $1,877,000 to $1,784,000 a change of 5.0% quarter to quarter. As of quarter end Pictet Asset Management Ltd had sold 35,679 shares trimming its position 70.7%. The value in dollars decreased from $865,000 to $215,000 decreasing 75.1% quarter over quarter.
In the market the company is trading up from yesterday’s close of $14.65.
Tarena International, Inc. (Tarena International), launched on October 8, 2003, 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). The Company operates in the training segment. Tarena International offers courses in over 10 IT subjects and approximately three non-IT subjects, and over two kid education programs. It offers an education platform that combines live distance instruction, classroom-based tutoring and online learning modules. It delivers lectures through a group of instructors based in Beijing to a network of approximately 130 learning centers in over 40 cities in China..Advertisement