ATA Creativity Global (NASDAQ:AACG) Sees Significant Growth in Short Interest

ATA Creativity Global (NASDAQ:AACG) was the target of a large increase in short interest in October. As of October 31st, there was short interest totalling 140,900 shares, an increase of 3,708.1% from the October 15th total of 3,700 shares. Based on an average daily volume of 53,800 shares, the days-to-cover ratio is presently 2.6 days.

ATA Creativity Global Price Performance

NASDAQ:AACG opened at $1.03 on Wednesday. The stock has a 50-day simple moving average of $0.83 and a 200 day simple moving average of $0.79. ATA Creativity Global has a 52-week low of $0.50 and a 52-week high of $1.65. The company has a market cap of $32.93 million, a PE ratio of -5.72 and a beta of 0.78. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.18 and a current ratio of 0.18.

Hedge Funds Weigh In On ATA Creativity Global

An institutional investor recently bought a new position in ATA Creativity Global stock. Virtu Financial LLC acquired a new stake in ATA Creativity Global (NASDAQ:AACG) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 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. Institutional investors own 0.73% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on shares of ATA Creativity Global in a research note on Sunday. 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.