Short Interest in TCTM Kids IT Education Inc. (NASDAQ:VSA) Decreases By 64.0%

TCTM Kids IT Education Inc. (NASDAQ:VSA) was the recipient of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 9,496 shares, a drop of 64.0% from the August 15th total of 26,379 shares. Based on an average daily trading volume, of 16,878 shares, the days-to-cover ratio is currently 0.6 days. Currently, 1.2% of the shares of the company are short sold.

Analysts Set New Price Targets

Separately, Weiss Ratings raised TCTM Kids IT Education from a “sell (d-)” rating to a “sell (d)” rating in a report on Thursday, August 6th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, TCTM Kids IT Education currently has a consensus rating of “Sell”.

TCTM Kids IT Education Stock Performance

VSA traded down $0.01 during trading on Tuesday, reaching $2.81. The company’s stock had a trading volume of 2,510 shares, compared to its average volume of 571,050. The company’s fifty day moving average price is $3.32 and its 200-day moving average price is $5.53. TCTM Kids IT Education has a 52-week low of $2.76 and a 52-week high of $1,950.00. The company has a market capitalization of $3.43 million, a price-to-earnings ratio of 0.06 and a beta of 0.56.

TCTM Kids IT Education Company Profile

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.