TCTM Kids IT Education Inc. (NASDAQ:VSA) Sees Significant Growth in Short Interest

TCTM Kids IT Education Inc. (NASDAQ:VSA) saw a significant growth in short interest in April. As of April 30th, there was short interest totaling 759,135 shares, a growth of 107.0% from the April 15th total of 366,744 shares. Approximately 9.3% of the company’s stock are short sold. Based on an average trading volume of 2,180,053 shares, the short-interest ratio is presently 0.3 days.

Analyst Ratings Changes

Several analysts have commented on the stock. Wall Street Zen raised shares of TCTM Kids IT Education to a “hold” rating in a research report on Saturday, May 9th. Weiss Ratings reissued a “sell (e+)” rating on shares of TCTM Kids IT Education in a research report on Monday, March 30th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has a consensus rating of “Sell”.

TCTM Kids IT Education Price Performance

Shares of NASDAQ VSA traded down $0.04 during trading hours on Friday, hitting $0.36. 829,750 shares of the stock were exchanged, compared to its average volume of 1,246,757. The company’s 50 day moving average is $0.76 and its 200 day moving average is $12.08. The firm has a market capitalization of $4.36 million, a P/E ratio of -0.01 and a beta of 0.63. TCTM Kids IT Education has a one year low of $0.35 and a one year high of $212.04.

TCTM Kids IT Education shares are going to reverse split on Tuesday, May 26th. The 1-10 reverse split was announced on Tuesday, May 5th. The number of shares owned by shareholders will be adjusted after the market closes on Monday, May 25th.

About TCTM Kids IT Education

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.