ATA Inc. (NASDAQ:AACG) Short Interest Update

ATA Inc. (NASDAQ:AACG) saw a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 7,184 shares, an increase of 96.3% from the January 15th total of 3,659 shares. Based on an average trading volume of 22,893 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the company’s shares are short sold. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 22,893 shares, the days-to-cover ratio is presently 0.3 days.

ATA Stock Performance

Shares of NASDAQ:AACG opened at $0.89 on Friday. The firm has a market capitalization of $28.40 million, a PE ratio of -44.70 and a beta of 1.06. ATA has a 12 month low of $0.71 and a 12 month high of $2.58. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.33 and a quick ratio of 0.33. The business has a 50-day moving average of $0.93 and a two-hundred day moving average of $1.35.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings cut shares of ATA from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Sell”.

ATA Company Profile

ATA Creativity Global (NASDAQ: AACG) is a China-based provider of after-school art education services, delivering supplemental training to students from preschool through high school. The company’s curriculum spans traditional techniques such as sketching, watercolor and calligraphy, as well as digital art instruction, including digital illustration and multimedia design.

ATA Creativity Global combines in-person instruction at its learning centers with a proprietary online platform, enabling students to access course materials, interactive lessons and instructor feedback remotely.