Short Interest in ATA Creativity Global (NASDAQ:AACG) Declines By 8.4%

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

ATA Creativity Global Stock Performance

Shares of AACG stock opened at $0.91 on Wednesday. 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 business has a 50 day moving average of $0.87 and a two-hundred day moving average of $0.83. 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 $29.24 million, a P/E ratio of -5.08 and a beta of 0.83.

Wall Street Analysts Forecast Growth

Separately, StockNews.com started coverage on ATA Creativity Global in a report on Friday, February 14th. They issued a “sell” rating for the company.

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.