ATA Inc. (NASDAQ:AACG) Short Interest Update

ATA Inc. (NASDAQ:AACG) was the recipient of a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 13,035 shares, a decrease of 90.4% from the August 15th total of 136,173 shares. Based on an average daily volume of 26,695 shares, the short-interest ratio is presently 0.5 days. Currently, 0.1% of the company’s stock are sold short.

Analyst Upgrades and Downgrades

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

ATA Stock Up 4.2%

Shares of AACG stock traded up $0.04 during mid-day trading on Thursday, hitting $0.88. 1,411 shares of the stock traded hands, compared to its average volume of 685,937. The stock has a market cap of $37.82 million, a P/E ratio of -4.39 and a beta of 1.13. The stock’s fifty day moving average is $0.94 and its two-hundred day moving average is $1.01. ATA has a 52-week low of $0.74 and a 52-week high of $2.58. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.32 and a quick ratio of 0.32.

ATA Company Profile

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.