TCTM Kids IT Education Inc. (NASDAQ:VSA) Short Interest Up 262.6% in October

TCTM Kids IT Education Inc. (NASDAQ:VSA) was the recipient of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 86,300 shares, a growth of 262.6% from the September 30th total of 23,800 shares. Based on an average daily volume of 237,200 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.2% of the company’s shares are sold short. Approximately 0.2% of the company’s shares are sold short. Based on an average daily volume of 237,200 shares, the days-to-cover ratio is currently 0.4 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of TCTM Kids IT Education in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, TCTM Kids IT Education presently has an average rating of “Sell”.

TCTM Kids IT Education Price Performance

Shares of VSA opened at $2.87 on Wednesday. The firm has a market capitalization of $28.53 million, a PE ratio of -5.74 and a beta of 0.33. TCTM Kids IT Education has a 1 year low of $0.17 and a 1 year high of $4.24. The stock’s 50-day simple moving average is $2.71.

TCTM Kids IT Education Company Profile

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.