Short Interest in ATA Inc. (NASDAQ:AACG) Rises By 1,484.0%
by Scott Moore · The Cerbat GemATA Inc. (NASDAQ:AACG – Get Free Report) was the target of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 3,659 shares, a growth of 1,484.0% from the December 31st total of 231 shares. Based on an average daily volume of 17,291 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the company’s shares are short sold. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 17,291 shares, the days-to-cover ratio is currently 0.2 days.
Analysts Set New Price Targets
Separately, Weiss Ratings cut 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, the company currently has a consensus rating of “Sell”.
View Our Latest Stock Report on ATA
ATA Trading Up 4.5%
AACG stock traded up $0.05 during trading on Tuesday, reaching $1.15. 19,188 shares of the stock traded hands, compared to its average volume of 20,876. The firm has a market capitalization of $36.54 million, a PE ratio of -57.50 and a beta of 1.04. 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 business’s 50 day moving average price is $0.98 and its 200-day moving average price is $1.36. ATA has a 52-week low of $0.71 and a 52-week high of $2.58.
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.