Short Interest in ATA Creativity Global (NASDAQ:AACG) Decreases By 48.0%

ATA Creativity Global (NASDAQ:AACG) was the recipient of a large drop in short interest during the month of August. As of August 31st, there was short interest totalling 1,300 shares, a drop of 48.0% from the August 15th total of 2,500 shares. Based on an average daily trading volume, of 26,400 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Trading of ATA Creativity Global

An institutional investor recently bought a new position in ATA Creativity Global stock. Virtu Financial LLC acquired a new stake in shares of ATA Creativity Global (NASDAQ:AACG) during the 1st quarter, according to its most recent Form 13F filing with the SEC. 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 filing with the SEC. Institutional investors own 0.73% of the company’s stock.

ATA Creativity Global Price Performance

AACG opened at $0.51 on Friday. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 0.25. The stock has a fifty day simple moving average of $0.65 and a two-hundred day simple moving average of $0.89. The company has a market cap of $16.30 million, a price-to-earnings ratio of -3.19 and a beta of 0.80. ATA Creativity Global has a 12-month low of $0.50 and a 12-month high of $1.65.

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

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on shares of ATA Creativity Global in a research report on Saturday, September 7th. They set a “sell” rating on the stock.

ATA Creativity Global Company Profile

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.