Short Interest in ATA Inc. (NASDAQ:AACG) Declines By 90.6%

ATA Inc. (NASDAQ:AACGGet Free Report) saw a large decline in short interest in December. As of December 31st, there was short interest totaling 231 shares, a decline of 90.6% from the December 15th total of 2,454 shares. Based on an average daily trading volume, of 17,124 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 17,124 shares, the short-interest ratio is currently 0.0 days.

ATA Stock Performance

Shares of AACG stock traded up $0.04 during trading on Monday, hitting $0.94. The company’s stock had a trading volume of 31,612 shares, compared to its average volume of 16,285. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 0.30. The company has a market cap of $29.86 million, a PE ratio of -47.00 and a beta of 1.04. The business has a fifty day moving average of $1.02 and a 200-day moving average of $1.34. ATA has a 52 week low of $0.71 and a 52 week high of $2.58.

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Research Report on AACG

About ATA

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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.

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