ATA Creativity Global (NASDAQ:AACG) Short Interest Down 38.5% in September

ATA Creativity Global (NASDAQ:AACG) was the recipient of a large decline in short interest during the month of September. As of September 15th, there was short interest totalling 800 shares, a decline of 38.5% from the August 31st total of 1,300 shares. Based on an average trading volume of 36,600 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on shares of ATA Creativity Global in a research report on Monday. They set a “sell” rating for the company.

ATA Creativity Global Trading Up 6.0 %

Shares of NASDAQ AACG opened at $0.72 on Thursday. The company’s 50 day simple moving average is $0.61 and its 200 day simple moving average is $0.83. ATA Creativity Global has a fifty-two week low of $0.50 and a fifty-two week high of $1.65. The firm has a market capitalization of $23.02 million, a P/E ratio of -4.50 and a beta of 0.80. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.18 and a quick ratio of 0.18.

ATA Creativity Global (NASDAQ:AACG) last announced its quarterly earnings data on Wednesday, August 7th. The company reported ($0.07) earnings per share for the quarter. The business had revenue of $7.12 million during the quarter. ATA Creativity Global had a negative net margin of 13.59% and a negative return on equity of 33.80%.

Institutional Investors Weigh In On ATA Creativity Global

A hedge fund recently bought a new stake in ATA Creativity Global stock. Virtu Financial LLC acquired a new position in shares of ATA Creativity Global (NASDAQ:AACG) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 40,553 shares of the company’s stock, valued at approximately $42,000. Virtu Financial LLC owned 0.13% of ATA Creativity Global as of its most recent SEC filing. Institutional investors and hedge funds own 0.73% of the company’s stock.

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 and training organizations, foreign language training services, junior art education, and other related educational services to its students.