TCTM Kids IT Education Inc. (NASDAQ:VSA) Sees Significant Growth in Short Interest

TCTM Kids IT Education Inc. (NASDAQ:VSA) was the target of a significant growth in short interest in the month of March. As of March 31st, there was short interest totaling 3,472,672 shares, a growth of 12,946.3% from the March 15th total of 26,618 shares. Based on an average trading volume of 22,546,138 shares, the short-interest ratio is currently 0.2 days. Approximately 465.5% of the shares of the company are sold short.

TCTM Kids IT Education Price Performance

Shares of NASDAQ VSA opened at $0.68 on Friday. The firm has a fifty day moving average price of $1.21 and a 200-day moving average price of $36.91. The stock has a market cap of $759,684.00, a PE ratio of -0.02 and a beta of 0.45. TCTM Kids IT Education has a 1 year low of $0.48 and a 1 year high of $212.04.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on VSA shares. Wall Street Zen raised shares of TCTM Kids IT Education to a “hold” rating in a research note on Saturday, December 27th. Weiss Ratings reissued a “sell (e+)” rating on shares of TCTM Kids IT Education in a research note on Monday, March 30th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, TCTM Kids IT Education has a consensus rating of “Sell”.

About TCTM Kids IT Education

Tarena International, Inc, through its subsidiaries, provides professional education services through full-time and part-time classes under the Tarena brand in the People’s Republic of China. It operates through two segments, Adult Professional Education and Childhood & Adolescent Quality Education Services. The company offers education courses in 7 information technology (IT) subjects, such as Java, software testing, Linux and network engineering, Big Data, Web front-end development, Python, and network engineer courses; and 3 non-IT subjects, including digital art, online sales and marketing, and visual effects-VFX, as well as live distance instruction, classroom-based tutoring, and online learning modules.