ATA Creativity Global (NASDAQ:AACG) Sees Significant Decline in Short Interest

ATA Creativity Global (NASDAQ:AACG) was the recipient of a large decline in short interest during the month of April. As of April 15th, there was short interest totalling 20,900 shares, a decline of 21.7% from the March 31st total of 26,700 shares. Based on an average daily volume of 30,700 shares, the short-interest ratio is presently 0.7 days.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on ATA Creativity Global in a research report on Wednesday. They set a “sell” rating for the company.

ATA Creativity Global Trading Down 1.1 %

Shares of AACG opened at $0.87 on Friday. The stock has a fifty day moving average of $1.20 and a two-hundred day moving average of $1.08. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.22 and a current ratio of 0.22. The company has a market capitalization of $27.81 million, a PE ratio of -5.44 and a beta of 1.11. ATA Creativity Global has a fifty-two week low of $0.79 and a fifty-two week high of $2.07.

ATA Creativity Global (NASDAQ:AACG) last issued its quarterly earnings results on Tuesday, March 26th. The company reported $0.04 earnings per share for the quarter. ATA Creativity Global had a negative return on equity of 29.92% and a negative net margin of 15.27%. The company had revenue of $11.78 million during the quarter.

About ATA Creativity Global

ATA Creativity Global, together with its subsidiaries, provides educational services to individual students through its training center network in China and internationally. Its educational services include portfolio training, research-based learning, overseas study counselling, in-school art classes through cooperation with high schools, foreign language training services, junior art education, in-school art classes, junior art education, and other related educational services to its students.