ATA Inc. (NASDAQ:AACG) Short Interest Update

ATA Inc. (NASDAQ:AACG) was the target of a significant decline in short interest in August. As of August 31st, there was short interest totaling 131,800 shares, a decline of 36.5% from the August 15th total of 207,400 shares. Based on an average trading volume of 238,100 shares, the short-interest ratio is currently 0.6 days. Approximately 0.9% of the company’s stock are short sold. Approximately 0.9% of the company’s stock are short sold. Based on an average trading volume of 238,100 shares, the short-interest ratio is currently 0.6 days.

ATA Trading Up 17.5%

Shares of NASDAQ AACG opened at $2.55 on Wednesday. The firm’s 50 day moving average price is $1.64 and its 200-day moving average price is $1.16. The company has a market cap of $81.37 million, a PE ratio of -25.50 and a beta of 1.07. ATA has a 52-week low of $0.50 and a 52-week high of $2.55. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.19 and a current ratio of 0.19.

ATA (NASDAQ:AACG) last released its quarterly earnings data on Wednesday, August 6th. The company reported ($0.04) earnings per share for the quarter. ATA had a negative net margin of 9.29% and a negative return on equity of 38.69%.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen assumed coverage on shares of ATA in a research note on Wednesday, May 21st. They set a “sell” rating on the stock.

About ATA

ATA Creativity Global, together with its subsidiaries, provides educational services to individual students through its training center network in China and internationally. Its educational services include portfolio training, research-based learning, overseas study counselling, in-school art classes through cooperation with high schools and training organizations, foreign language training services, junior art education, and other related educational services to its students.