ATA Creativity Global (NASDAQ:AACG) Short Interest Down 81.6% in October

ATA Creativity Global (NASDAQ:AACG) saw a large decline in short interest in October. As of October 15th, there was short interest totalling 3,700 shares, a decline of 81.6% from the September 30th total of 20,100 shares. Based on an average daily trading volume, of 42,900 shares, the short-interest ratio is currently 0.1 days.

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 shares of ATA Creativity Global (NASDAQ:AACG) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 40,553 shares of the company’s stock, valued at approximately $42,000. Virtu Financial LLC owned 0.13% of ATA Creativity Global at the end of the most recent quarter. Hedge funds and other institutional investors own 0.73% of the company’s stock.

ATA Creativity Global Stock Performance

ATA Creativity Global stock opened at $1.01 on Friday. ATA Creativity Global has a 1 year low of $0.50 and a 1 year high of $1.65. 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 company has a market capitalization of $32.28 million, a P/E ratio of -6.31 and a beta of 0.82. The business has a 50 day moving average of $0.73 and a 200-day moving average of $0.79.

ATA Creativity Global (NASDAQ:AACG) last released its earnings results on Wednesday, August 7th. The company reported ($0.07) earnings per share 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.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on ATA Creativity Global in a research note on Friday. They set a “sell” rating for the company.

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.