Quantasing Group Ltd (NASDAQ:HERE) Sees Significant Decrease in Short Interest

Posted by Francis Steltz on Sep 30th, 2026

Quantasing Group Ltd (NASDAQ:HERE – Get Free Report) was the recipient of a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 234,184 shares, a decline of 57.3% from the August 31st total of 548,832 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 20,020 shares, the days-to-cover ratio is currently 11.7 days.

Hedge Funds Weigh In On Quantasing Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. SG Americas Securities LLC acquired a new position in shares of Quantasing Group during the first quarter worth $308,000. Oasis Management Co Ltd. bought a new stake in shares of Quantasing Group in the fourth quarter worth $479,000. Finally, Pinpoint Asset Management Singapore Pte. Ltd. acquired a new stake in Quantasing Group in the fourth quarter valued at $88,000.

Quantasing Group Price Performance

Quantasing Group stock opened at $1.67 on Wednesday. The business has a 50 day moving average of $1.85 and a 200-day moving average of $2.41. The company has a market capitalization of $91.28 million, a P/E ratio of 15.18 and a beta of -0.51. Quantasing Group has a 1 year low of $1.50 and a 1 year high of $9.48.

Quantasing Group announced that its board has authorized a share buyback program on Friday, June 5th that allows the company to buyback $0.00 in outstanding shares. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback programs are generally a sign that the company’s board of directors believes its stock is undervalued.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on HERE shares. Wall Street Zen upgraded Quantasing Group from a “sell” rating to a “hold” rating in a research note on Saturday, August 15th. Weiss Ratings restated a “sell (d+)” rating on shares of Quantasing Group in a research report on Friday, September 4th. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce” and an average target price of $2.50.

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About Quantasing Group

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We believe that personal learning and development is a lifelong journey. Everyone, regardless of background, should be given an equal opportunity to pursue their interests, passions, and goals. Our mission is to improve people’s quality of life and well-being by providing them lifelong personal learning and development opportunities. QuantaSing Group is the largest online learning service provider in China’s adult learning market for personal interest courses and among the top five service providers in China’s total adult learning market, in terms of revenue in 2021, according to the F&S report.