Short Interest in ATA Creativity Global (NASDAQ:AACG) Grows By 411.5%

ATA Creativity Global (NASDAQ:AACG) was the recipient of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 31,200 shares, a growth of 411.5% from the February 29th total of 6,100 shares. Based on an average daily trading volume, of 27,600 shares, the short-interest ratio is presently 1.1 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in ATA Creativity Global stock. Susquehanna International Group LLP bought a new position in shares of ATA Creativity Global (NASDAQ:AACG) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund bought 28,222 shares of the company’s stock, valued at approximately $55,000. Susquehanna International Group LLP owned about 0.09% 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.

Analysts Set New Price Targets

Separately, StockNews.com initiated coverage on ATA Creativity Global in a report on Saturday, March 23rd. They issued a “sell” rating for the company.

ATA Creativity Global Stock Performance

NASDAQ AACG opened at $1.06 on Friday. ATA Creativity Global has a 52-week low of $0.79 and a 52-week high of $2.07. The stock has a market cap of $33.28 million, a PE ratio of -6.63 and a beta of 1.13. The firm has a 50-day moving average of $1.28 and a 200-day moving average of $1.10. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.22 and a current ratio of 0.22.

ATA Creativity Global (NASDAQ:AACG) last issued its quarterly earnings data on Tuesday, March 26th. The company reported $0.04 earnings per share for the quarter. The business had revenue of $11.78 million during the quarter. ATA Creativity Global had a negative net margin of 15.27% and a negative return on equity of 29.91%.

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, foreign language training services, junior art education, in-school art classes, junior art education, and other related educational services to its students.