TCTM Kids IT Education Inc. (NASDAQ:VSA) Sees Significant Decline in Short Interest

TCTM Kids IT Education Inc. (NASDAQ:VSAGet Free Report) was the target of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 9,496 shares, a decrease of 64.0% from the August 15th total of 26,379 shares. Currently, 1.2% of the shares of the stock are sold short. Based on an average trading volume of 16,878 shares, the short-interest ratio is presently 0.6 days.

TCTM Kids IT Education Trading Down 1.7%

Shares of NASDAQ:VSA traded down $0.05 during midday trading on Monday, hitting $2.85. 1,561 shares of the stock were exchanged, compared to its average volume of 574,294. TCTM Kids IT Education has a twelve month low of $2.76 and a twelve month high of $2,120.35. The company has a 50 day moving average price of $3.35 and a 200-day moving average price of $5.62. The stock has a market cap of $3.48 million, a P/E ratio of 0.06 and a beta of 0.56.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded TCTM Kids IT Education from a “sell (d-)” rating to a “sell (d)” rating in a research report on Thursday, August 6th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Sell”.

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TCTM Kids IT Education Company Profile

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Tarena International, Inc, through its subsidiaries, provides professional education services through full-time and part-time classes under the Tarena brand in the People’s Republic of China. It operates through two segments, Adult Professional Education and Childhood & Adolescent Quality Education Services. The company offers education courses in 7 information technology (IT) subjects, such as Java, software testing, Linux and network engineering, Big Data, Web front-end development, Python, and network engineer courses; and 3 non-IT subjects, including digital art, online sales and marketing, and visual effects-VFX, as well as live distance instruction, classroom-based tutoring, and online learning modules.

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