Short Interest in ATA Creativity Global (NASDAQ:AACG) Declines By 16.3%

ATA Creativity Global (NASDAQ:AACG) was the recipient of a significant drop in short interest during the month of December. As of December 15th, there was short interest totalling 154,200 shares, a drop of 16.3% from the November 30th total of 184,200 shares. Based on an average daily volume of 45,300 shares, the short-interest ratio is currently 3.4 days.

ATA Creativity Global Trading Down 4.3 %

NASDAQ:AACG traded down $0.03 during midday trading on Monday, hitting $0.73. 8,464 shares of the company traded hands, compared to its average volume of 31,881. The company has a current ratio of 0.16, a quick ratio of 0.16 and a debt-to-equity ratio of 0.30. ATA Creativity Global has a 12-month low of $0.50 and a 12-month high of $1.65. The firm has a market capitalization of $23.33 million, a P/E ratio of -4.06 and a beta of 0.79. The firm’s fifty day moving average is $0.95 and its 200-day moving average is $0.80.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on shares of ATA Creativity Global in a research report on Saturday. 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.