ATA Inc. (NASDAQ:AACG) Short Interest Update

ATA Inc. (NASDAQ:AACG) was the recipient of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 13,035 shares, a decrease of 90.4% from the August 15th total of 136,173 shares. Based on an average daily volume of 26,695 shares, the short-interest ratio is presently 0.5 days. Currently, 0.1% of the company’s stock are sold short.

ATA Stock Down 4.5%

Shares of NASDAQ AACG traded down $0.04 during trading on Friday, hitting $0.88. The stock had a trading volume of 5,649 shares, compared to its average volume of 25,870. ATA has a 12 month low of $0.74 and a 12 month high of $2.58. The company has a market capitalization of $37.81 million, a PE ratio of -4.39 and a beta of 1.13. The firm has a fifty day moving average of $0.93 and a two-hundred day moving average of $1.01. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.32 and a quick ratio of 0.32.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of ATA in a report on Wednesday, July 8th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has an average rating of “Sell”.

About ATA

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.