Short Interest in ATA Creativity Global (NASDAQ:AACG) Decreases By 29.4%

ATA Creativity Global (NASDAQ:AACG) was the target of a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 101,600 shares, a decline of 29.4% from the February 28th total of 143,900 shares. Based on an average daily trading volume, of 38,800 shares, the short-interest ratio is presently 2.6 days. Currently, 0.7% of the company’s shares are sold short.

ATA Creativity Global Stock Up 0.5 %

NASDAQ:AACG opened at $1.00 on Friday. ATA Creativity Global has a twelve month low of $0.50 and a twelve month high of $1.16. The firm has a market capitalization of $31.81 million, a price-to-earnings ratio of -5.53 and a beta of 0.79. The stock’s 50 day moving average price is $0.89 and its two-hundred day moving average price is $0.89. The company has a quick ratio of 0.16, a current ratio of 0.16 and a debt-to-equity ratio of 0.30.

ATA Creativity Global (NASDAQ:AACG) last posted its quarterly earnings data on Tuesday, March 25th. The company reported $0.06 earnings per share (EPS) for the quarter. The firm had revenue of $13.83 million during the quarter. ATA Creativity Global had a negative net margin of 16.14% and a negative return on equity of 45.84%.

Analysts Set New Price Targets

Separately, StockNews.com started coverage on shares of ATA Creativity Global in a report on Wednesday. They issued a “sell” rating on the stock.

About ATA Creativity Global

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.