TCTM Kids IT Education Inc. (NASDAQ:VSA) Sees Significant Decrease in Short Interest

TCTM Kids IT Education Inc. (NASDAQ:VSA) was the recipient of a significant decrease in short interest in May. As of May 29th, there was short interest totaling 43,981 shares, a decrease of 93.5% from the May 14th total of 678,715 shares. Based on an average daily volume of 72,923 shares, the short-interest ratio is currently 0.6 days. Currently, 5.4% of the company’s shares are sold short.

TCTM Kids IT Education Trading Up 0.7%

Shares of VSA stock traded up $0.03 during trading hours on Tuesday, hitting $4.44. 975,478 shares of the company were exchanged, compared to its average volume of 999,478. The company has a market capitalization of $5.42 million, a PE ratio of -0.02 and a beta of 0.46. TCTM Kids IT Education has a 52 week low of $2.81 and a 52 week high of $2,120.35. The business has a 50 day moving average of $5.96 and a two-hundred day moving average of $20.37.

TCTM Kids IT Education (NASDAQ:VSA) last released its earnings results on Monday, May 11th. The company reported ($37.25) earnings per share for the quarter. The company had revenue of ($6.46) million for the quarter.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Wall Street Zen raised shares of TCTM Kids IT Education to a “hold” rating in a research report on Saturday, May 9th. Weiss Ratings raised shares of TCTM Kids IT Education from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Monday, May 18th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, TCTM Kids IT Education presently has a consensus rating of “Sell”.

About TCTM Kids IT Education

Tarena International, Inc, through its subsidiaries, provides professional education services through full-time and part-time classes under the Tarena brand in the People’s Republic of China. It operates through two segments, Adult Professional Education and Childhood & Adolescent Quality Education Services. The company offers education courses in 7 information technology (IT) subjects, such as Java, software testing, Linux and network engineering, Big Data, Web front-end development, Python, and network engineer courses; and 3 non-IT subjects, including digital art, online sales and marketing, and visual effects-VFX, as well as live distance instruction, classroom-based tutoring, and online learning modules.