ATA Creativity Global (NASDAQ:AACG) Short Interest Update

ATA Creativity Global (NASDAQ:AACG) was the recipient of a significant drop in short interest in the month of June. As of June 15th, there was short interest totalling 12,000 shares, a drop of 17.2% from the May 31st total of 14,500 shares. Based on an average daily volume of 18,700 shares, the short-interest ratio is presently 0.6 days.

ATA Creativity Global Stock Performance

NASDAQ:AACG opened at $0.82 on Friday. ATA Creativity Global has a 1 year low of $0.78 and a 1 year high of $1.65. The firm has a 50 day moving average of $0.87 and a 200-day moving average of $1.05. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.19. The stock has a market capitalization of $26.15 million, a P/E ratio of -5.11 and a beta of 1.02.

ATA Creativity Global (NASDAQ:AACG) last posted its earnings results on Tuesday, May 14th. The company reported ($0.08) earnings per share (EPS) for the quarter. ATA Creativity Global had a negative net margin of 14.72% and a negative return on equity of 31.88%. The firm had revenue of $6.67 million during the quarter.

Institutional Trading of ATA Creativity Global

A hedge fund recently bought a new stake in ATA Creativity Global stock. Virtu Financial LLC purchased a new stake in ATA Creativity Global (NASDAQ:AACG) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 40,553 shares of the company’s stock, valued at approximately $42,000. Virtu Financial LLC owned approximately 0.13% of ATA Creativity Global at the end of the most recent reporting period. 0.73% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on shares of ATA Creativity Global in a research note on Thursday. They issued a “sell” rating for the company.

About ATA Creativity Global

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.