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

ATA Creativity Global (NASDAQ:AACG) saw a significant increase in short interest in November. As of November 30th, there was short interest totalling 184,200 shares, an increase of 15.3% from the November 15th total of 159,700 shares. Based on an average daily trading volume, of 53,800 shares, the short-interest ratio is currently 3.4 days.

ATA Creativity Global Stock Performance

Shares of AACG opened at $0.89 on Friday. The company has a quick ratio of 0.16, a current ratio of 0.16 and a debt-to-equity ratio of 0.30. The company has a 50-day simple moving average of $0.98 and a 200-day simple moving average of $0.80. ATA Creativity Global has a 52-week low of $0.50 and a 52-week high of $1.65. The company has a market capitalization of $28.45 million, a PE ratio of -4.94 and a beta of 0.79.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on ATA Creativity Global in a research report on Thursday. They set a “sell” rating on the stock.

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.