Short Interest in TCTM Kids IT Education Inc. (NASDAQ:VSA) Decreases By 43.3%

TCTM Kids IT Education Inc. (NASDAQ:VSA) was the target of a large decline in short interest in the month of January. As of January 15th, there was short interest totaling 18,072 shares, a decline of 43.3% from the December 31st total of 31,883 shares. Based on an average trading volume of 32,870 shares, the short-interest ratio is presently 0.5 days. Approximately 2.4% of the shares of the company are short sold. Approximately 2.4% of the shares of the company are short sold. Based on an average trading volume of 32,870 shares, the short-interest ratio is presently 0.5 days.

TCTM Kids IT Education Price Performance

NASDAQ VSA opened at $2.84 on Friday. The company’s 50 day simple moving average is $3.66 and its two-hundred day simple moving average is $70.54. TCTM Kids IT Education has a 1 year low of $2.18 and a 1 year high of $212.03. The stock has a market capitalization of $3.15 million, a PE ratio of -0.07 and a beta of 0.10.

TCTM Kids IT Education (NASDAQ:VSA) last released its quarterly earnings results on Tuesday, September 30th. The company reported $12.75 earnings per share for the quarter. The firm had revenue of $6.53 million during the quarter.

Wall Street Analysts Forecast Growth

VSA has been the subject of several recent research reports. Wall Street Zen upgraded shares of TCTM Kids IT Education to a “hold” rating in a research note on Saturday, December 27th. Weiss Ratings reissued a “sell (d-)” rating on shares of TCTM Kids IT Education in a report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently 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.