ATA Inc. (NASDAQ:AACG) Short Interest Update

ATA Inc. (NASDAQ:AACG) was the target of a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 7,184 shares, a growth of 96.3% from the January 15th total of 3,659 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 22,893 shares, the short-interest ratio is currently 0.3 days. Based on an average daily volume of 22,893 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the shares of the company are sold short.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings cut shares of ATA from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, ATA has an average rating of “Sell”.

ATA Trading Down 5.2%

Shares of AACG opened at $0.88 on Friday. The firm has a market cap of $27.96 million, a P/E ratio of -44.00 and a beta of 1.06. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.33 and a quick ratio of 0.33. ATA has a 1 year low of $0.71 and a 1 year high of $2.58. The company has a 50 day simple moving average of $0.93 and a two-hundred day simple moving average of $1.35.

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.