ATA Creativity Global (NASDAQ:AACG) Short Interest Up 3,708.1% in October

Posted by ABMN Staff on Nov 14th, 2024

ATA Creativity Global (NASDAQ:AACG – Get Free Report) was the target of a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 140,900 shares, a growth of 3,708.1% from the October 15th total of 3,700 shares. Based on an average daily volume of 53,800 shares, the days-to-cover ratio is currently 2.6 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in ATA Creativity Global stock. Virtu Financial LLC acquired a new stake in shares of ATA Creativity Global (NASDAQ:AACG – Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 40,553 shares of the company’s stock, valued at approximately $42,000. Virtu Financial LLC owned about 0.13% of ATA Creativity Global as of its most recent SEC filing. 0.73% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on ATA Creativity Global in a research report on Sunday. They set a “sell” rating on the stock.

View Our Latest Stock Report on AACG

ATA Creativity Global Stock Performance

Shares of ATA Creativity Global stock opened at $1.03 on Thursday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.16 and a current ratio of 0.16. ATA Creativity Global has a 1 year low of $0.50 and a 1 year high of $1.65. The firm’s 50-day simple moving average is $0.84 and its 200-day simple moving average is $0.79. The firm has a market cap of $32.96 million, a PE ratio of -5.73 and a beta of 0.78.

About ATA Creativity Global

(Get Free Report)

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.