ATA Creativity Global (NASDAQ:AACG) Sees Large Decline in Short Interest

ATA Creativity Global (NASDAQ:AACG) was the target of a significant decrease in short interest in January. As of January 31st, there was short interest totalling 138,900 shares, a decrease of 8.4% from the January 15th total of 151,600 shares. Based on an average trading volume of 24,300 shares, the days-to-cover ratio is currently 5.7 days.

ATA Creativity Global Stock Performance

AACG stock opened at $0.83 on Monday. The stock’s fifty day moving average is $0.87 and its two-hundred day moving average is $0.83. ATA Creativity Global has a 1 year low of $0.50 and a 1 year high of $1.65. The stock has a market capitalization of $26.54 million, a price-to-earnings ratio of -4.61 and a beta of 0.83. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.16 and a current ratio of 0.16.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on ATA Creativity Global in a research note on Friday. They issued a “sell” rating on the stock.

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.