Short Interest in ATA Inc. (NASDAQ:AACG) Drops By 90.6%

ATA Inc. (NASDAQ:AACG) saw a significant drop in short interest in December. As of December 31st, there was short interest totaling 231 shares, a drop of 90.6% from the December 15th total of 2,454 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 17,124 shares, the short-interest ratio is currently 0.0 days. Based on an average trading volume of 17,124 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

ATA Price Performance

ATA stock opened at $0.95 on Wednesday. The stock has a market cap of $30.18 million, a price-to-earnings ratio of -47.50 and a beta of 1.04. The firm has a 50-day moving average of $1.01 and a two-hundred day moving average of $1.34. ATA has a 1 year low of $0.71 and a 1 year 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.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings lowered 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, the stock currently has an average rating of “Sell”.

About ATA

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.