ATA Inc. (NASDAQ:AACG) Short Interest Up 668.1% in May

ATA Inc. (NASDAQ:AACGGet Free Report) was the target of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 25,118 shares, a growth of 668.1% from the April 30th total of 3,270 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 12,165 shares, the short-interest ratio is currently 2.1 days.

ATA Stock Down 3.4%

Shares of NASDAQ AACG opened at $1.15 on Thursday. The firm has a market cap of $49.48 million, a price-to-earnings ratio of -5.75 and a beta of 1.10. ATA has a 52-week low of $0.74 and a 52-week high of $2.58. The company has a quick ratio of 0.32, a current ratio of 0.32 and a debt-to-equity ratio of 0.93. The company’s 50-day simple moving average is $1.08 and its 200-day simple moving average is $1.03.

ATA (NASDAQ:AACGGet Free Report) last issued its quarterly earnings data on Tuesday, March 31st. The company reported ($0.12) earnings per share (EPS) for the quarter. ATA had a negative return on equity of 90.86% and a negative net margin of 17.96%.The business had revenue of $13.18 million for the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d+)” rating on shares of ATA in a research note on Friday, March 27th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Read Our Latest Stock Report on AACG

ATA Company Profile

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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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