ATA Inc. (NASDAQ:AACG) Short Interest Update

ATA Inc. (NASDAQ:AACG) saw a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 2,008 shares, an increase of 43.4% from the February 12th total of 1,400 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 8,970 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 8,970 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are sold short.

ATA Stock Up 1.5%

NASDAQ AACG opened at $0.99 on Friday. The business has a fifty day moving average price of $0.97 and a two-hundred day moving average price of $1.24. The stock has a market capitalization of $21.28 million, a PE ratio of -49.50 and a beta of 0.70. ATA has a fifty-two week low of $0.74 and a fifty-two week 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 Analyst Weigh In

Separately, Weiss Ratings downgraded shares of ATA from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company 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.