TCTM Kids IT Education Inc. (NASDAQ:VSA) Short Interest Update

TCTM Kids IT Education Inc. (NASDAQ:VSA) saw a significant decline in short interest in August. As of August 31st, there was short interest totaling 9,496 shares, a decline of 64.0% from the August 15th total of 26,379 shares. Approximately 1.2% of the shares of the stock are short sold. Based on an average trading volume of 16,878 shares, the short-interest ratio is currently 0.6 days.

TCTM Kids IT Education Stock Performance

NASDAQ:VSA opened at $2.90 on Friday. TCTM Kids IT Education has a 52-week low of $2.76 and a 52-week high of $2,120.35. The stock has a fifty day moving average of $3.35 and a 200 day moving average of $5.69. The firm has a market capitalization of $3.54 million, a price-to-earnings ratio of 0.06 and a beta of 0.56.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded shares of TCTM Kids IT Education from a “sell (d-)” rating to a “sell (d)” rating in a research note on Thursday, August 6th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has an average rating of “Sell”.

TCTM Kids IT Education Company Profile

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.