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

TCTM Kids IT Education Inc. (NASDAQ:VSA) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 20,565 shares, an increase of 113.5% from the September 15th total of 9,634 shares. Based on an average daily trading volume, of 1,518,338 shares, the short-interest ratio is currently 0.0 days. Approximately 2.5% of the shares of the stock are short sold.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded TCTM Kids IT Education from a “sell (d-)” rating to a “sell (d)” rating in a research report on Thursday, August 6th. One research analyst has rated the stock with a Sell rating. According to MarketBeat.com, the company presently has an average rating of “Sell”.

TCTM Kids IT Education Trading Down 2.2%

Shares of NASDAQ VSA traded down $0.04 during trading hours on Tuesday, hitting $1.90. 16,498 shares of the stock were exchanged, compared to its average volume of 607,748. TCTM Kids IT Education has a 12 month low of $1.85 and a 12 month high of $1,650.00. The firm has a fifty day moving average price of $2.93 and a 200-day moving average price of $4.37.

About TCTM Kids IT Education

TCTM Kids IT Education Inc is a China-focused education company that provides information technology and coding education for children and young students. Its programs are designed to develop skills in areas such as computer programming, computational thinking and other technology-related subjects.

The company delivers instruction through a combination of online and offline learning formats and serves students through education centers and related digital platforms. Its offerings are intended to support children at different stages of their educational development, with an emphasis on practical technology skills and future-oriented learning.

TCTM Kids IT Education was formerly known as Meten Holding Group Ltd.