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

ATA Creativity Global (NASDAQ:AACG) was the recipient of a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 101,600 shares, a decline of 29.4% from the February 28th total of 143,900 shares. Based on an average daily volume of 38,800 shares, the days-to-cover ratio is currently 2.6 days. Currently, 0.7% of the shares of the stock are short sold.

Analyst Ratings Changes

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

ATA Creativity Global Price Performance

AACG stock opened at $1.00 on Friday. ATA Creativity Global has a 1 year low of $0.50 and a 1 year high of $1.16. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.16 and a current ratio of 0.16. The firm has a market cap of $31.81 million, a P/E ratio of -5.53 and a beta of 0.79. The stock has a 50-day simple moving average of $0.89 and a 200-day simple moving average of $0.89.

ATA Creativity Global (NASDAQ:AACG) last issued its earnings results on Tuesday, March 25th. The company reported $0.06 EPS for the quarter. ATA Creativity Global had a negative return on equity of 45.84% and a negative net margin of 16.14%. The company had revenue of $13.83 million during the quarter.

ATA Creativity Global Company Profile

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.