ATA Inc. (NASDAQ:AACG) Short Interest Up 1,484.0% in January

ATA Inc. (NASDAQ:AACG) was the recipient of a large increase in short interest in January. As of January 15th, there was short interest totaling 3,659 shares, an increase of 1,484.0% from the December 31st total of 231 shares. Based on an average trading volume of 17,291 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the company’s stock are short sold. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 17,291 shares, the days-to-cover ratio is presently 0.2 days.

ATA Trading Down 0.4%

NASDAQ AACG opened at $1.15 on Thursday. The business’s fifty day moving average is $0.98 and its 200-day moving average is $1.36. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.33 and a quick ratio of 0.33. The stock has a market capitalization of $36.38 million, a price-to-earnings ratio of -57.25 and a beta of 1.04. ATA has a one year low of $0.71 and a one year high of $2.58.

Analysts Set New Price Targets

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

ATA Company Profile

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.