Short Interest in ATA Creativity Global (NASDAQ:AACG) Drops By 38.5%

ATA Creativity Global (NASDAQ:AACG) saw a large decrease in short interest in the month of September. As of September 15th, there was short interest totalling 800 shares, a decrease of 38.5% from the August 31st total of 1,300 shares. Based on an average trading volume of 36,600 shares, the days-to-cover ratio is presently 0.0 days.

Analyst Ratings Changes

Separately, StockNews.com began coverage on ATA Creativity Global in a research note on Monday, September 23rd. They issued a “sell” rating for the company.

Institutional Investors Weigh In On ATA Creativity Global

An institutional investor recently bought a new position in ATA Creativity Global stock. Virtu Financial LLC acquired a new stake in ATA Creativity Global (NASDAQ:AACG) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 40,553 shares of the company’s stock, valued at approximately $42,000. Virtu Financial LLC owned approximately 0.13% of ATA Creativity Global at the end of the most recent reporting period. 0.73% of the stock is owned by hedge funds and other institutional investors.

ATA Creativity Global Stock Up 1.1 %

AACG stock opened at $0.73 on Friday. ATA Creativity Global has a 1-year low of $0.50 and a 1-year high of $1.65. The business has a fifty day moving average price of $0.61 and a 200-day moving average price of $0.82. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.18 and a quick ratio of 0.18. The stock has a market capitalization of $23.34 million, a P/E ratio of -4.56 and a beta of 0.80.

ATA Creativity Global (NASDAQ:AACG) last posted its quarterly earnings data on Wednesday, August 7th. The company reported ($0.07) EPS for the quarter. ATA Creativity Global had a negative net margin of 13.59% and a negative return on equity of 33.80%. The firm had revenue of $7.12 million for the quarter.

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.