Short Interest in TCTM Kids IT Education Inc. (NASDAQ:VSA) Drops By 98.4%

TCTM Kids IT Education Inc. (NASDAQ:VSA) was the recipient of a significant drop in short interest in the month of December. As of December 31st, there was short interest totaling 31,883 shares, a drop of 98.4% from the December 15th total of 1,937,275 shares. Based on an average trading volume of 115,024 shares, the short-interest ratio is presently 0.3 days. Currently, 4.3% of the company’s stock are sold short. Currently, 4.3% of the company’s stock are sold short. Based on an average trading volume of 115,024 shares, the short-interest ratio is presently 0.3 days.

TCTM Kids IT Education Price Performance

Shares of TCTM Kids IT Education stock traded up $0.01 on Monday, reaching $2.35. 19,902 shares of the company traded hands, compared to its average volume of 31,564. The company has a 50 day moving average of $19.11 and a 200 day moving average of $76.16. TCTM Kids IT Education has a 52 week low of $2.18 and a 52 week high of $212.03. The firm has a market capitalization of $2.61 million, a PE ratio of -0.06 and a beta of 0.10.

TCTM Kids IT Education (NASDAQ:VSA) last posted 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 for the quarter.

Analyst Upgrades and Downgrades

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