TCTM Kids IT Education Inc. (NASDAQ:VSA) Short Interest Update

TCTM Kids IT Education Inc. (NASDAQ:VSA) was the recipient of a significant drop in short interest in August. As of August 31st, there was short interest totaling 9,496 shares, a drop of 64.0% from the August 15th total of 26,379 shares. Approximately 1.2% of the shares of the company are short sold. Based on an average daily volume of 16,878 shares, the short-interest ratio is currently 0.6 days.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded shares of TCTM Kids IT Education from a “sell (d-)” rating to a “sell (d)” rating in a research note on Thursday, August 6th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, TCTM Kids IT Education currently has an average rating of “Sell”.

TCTM Kids IT Education Stock Performance

Shares of NASDAQ VSA opened at $2.90 on Friday. TCTM Kids IT Education has a fifty-two week low of $2.76 and a fifty-two week high of $2,120.35. The stock has a market cap of $3.54 million, a PE ratio of 0.06 and a beta of 0.56. The stock has a fifty day moving average of $3.35 and a 200-day moving average of $5.69.

TCTM Kids IT Education Company Profile

Tarena International, Inc, through its subsidiaries, provides professional education services through full-time and part-time classes under the Tarena brand in the People’s Republic of China. It operates through two segments, Adult Professional Education and Childhood & Adolescent Quality Education Services. The company offers education courses in 7 information technology (IT) subjects, such as Java, software testing, Linux and network engineering, Big Data, Web front-end development, Python, and network engineer courses; and 3 non-IT subjects, including digital art, online sales and marketing, and visual effects-VFX, as well as live distance instruction, classroom-based tutoring, and online learning modules.