TCTM Kids IT Education Inc. (NASDAQ:VSA) Sees Significant Growth in Short Interest

TCTM Kids IT Education Inc. (NASDAQ:VSA) saw a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 1,937,275 shares, an increase of 29.6% from the November 30th total of 1,494,438 shares. Approximately 259.7% of the company’s shares are sold short. Based on an average daily trading volume, of 11,649,184 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily trading volume, of 11,649,184 shares, the days-to-cover ratio is currently 0.2 days. Approximately 259.7% of the company’s shares are sold short.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Wall Street Zen upgraded shares of TCTM Kids IT Education to a “hold” rating in a report on Saturday. Weiss Ratings restated a “sell (d-)” rating on shares of TCTM Kids IT Education in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has an average rating of “Sell”.

TCTM Kids IT Education Price Performance

Shares of NASDAQ VSA opened at $2.69 on Wednesday. The business has a fifty day moving average price of $40.21 and a 200 day moving average price of $78.94. TCTM Kids IT Education has a 1-year low of $2.50 and a 1-year high of $212.03. The stock has a market capitalization of $2.99 million, a P/E ratio of -5.38 and a beta of 0.04.

TCTM Kids IT Education (NASDAQ:VSA) last released its quarterly earnings results on Tuesday, September 30th. The company reported $12.75 earnings per share for the quarter. The firm had revenue of $6.53 million during the quarter.

About TCTM Kids IT Education

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.