ATA Inc. (NASDAQ:AACG) Short Interest Update

ATA Inc. (NASDAQ:AACG) was the recipient of a significant drop in short interest during the month of December. As of December 15th, there was short interest totaling 2,454 shares, a drop of 63.7% from the November 30th total of 6,758 shares. Based on an average daily volume of 18,826 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 18,826 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of ATA in a research note on Monday. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has an average rating of “Hold”.

ATA Stock Performance

Shares of ATA stock opened at $0.79 on Friday. ATA has a 1 year low of $0.71 and a 1 year high of $2.58. The firm’s 50-day moving average is $1.12 and its 200 day moving average is $1.33. The stock has a market cap of $25.10 million, a price-to-earnings ratio of -39.50 and a beta of 0.98. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.33 and a quick ratio of 0.33.

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.