ATA Inc. (NASDAQ:AACG) Sees Large Decline in Short Interest

ATA Inc. (NASDAQ:AACG) was the recipient of a significant decrease in short interest during the month of February. As of February 13th, there was short interest totaling 1,400 shares, a decrease of 80.5% from the January 29th total of 7,184 shares. Based on an average daily trading volume, of 10,235 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 10,235 shares, the short-interest ratio is currently 0.1 days.

ATA Price Performance

Shares of ATA stock opened at $1.00 on Thursday. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.33 and a quick ratio of 0.33. The company has a market cap of $21.49 million, a PE ratio of -50.00 and a beta of 1.06. The firm has a fifty day moving average price of $0.93 and a two-hundred day moving average price of $1.31. ATA has a fifty-two week low of $0.71 and a fifty-two week high of $2.58.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings lowered 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, the stock presently has a consensus 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.