ATA Inc. (NASDAQ:AACG) Short Interest Update

ATA Inc. (NASDAQ:AACG) was the target of a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 11,399 shares, a decrease of 49.1% from the June 30th total of 22,386 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 9,479 shares, the short-interest ratio is presently 1.2 days.

ATA Stock Down 7.2%

Shares of ATA stock opened at $0.90 on Thursday. The business has a 50-day moving average price of $1.02 and a 200 day moving average price of $1.02. ATA has a fifty-two week low of $0.74 and a fifty-two week high of $2.58. The firm has a market cap of $38.73 million, a P/E ratio of -4.50 and a beta of 1.10. The company has a quick ratio of 0.32, a current ratio of 0.32 and a debt-to-equity ratio of 0.93.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of ATA in a research report on Wednesday, July 8th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, ATA presently has an average rating of “Sell”.

About ATA

ATA Creativity Global (NASDAQ: AACG) is a China-based provider of after-school art education services, delivering supplemental training to students from preschool through high school. The company’s curriculum spans traditional techniques such as sketching, watercolor and calligraphy, as well as digital art instruction, including digital illustration and multimedia design.

ATA Creativity Global combines in-person instruction at its learning centers with a proprietary online platform, enabling students to access course materials, interactive lessons and instructor feedback remotely.