ATA Creativity Global (NASDAQ:AACG) Short Interest Down 23.8% in May

Posted by on Jun 15th, 2023

ATA Creativity Global (NASDAQ:AACG – Get Rating) saw a significant decrease in short interest in May. As of May 31st, there was short interest totalling 1,600 shares, a decrease of 23.8% from the May 15th total of 2,100 shares. Based on an average daily trading volume, of 16,200 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On ATA Creativity Global

An institutional investor recently bought a new position in ATA Creativity Global stock. Susquehanna International Group LLP acquired a new stake in shares of ATA Creativity Global (NASDAQ:AACG – Get Rating) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm acquired 28,222 shares of the company’s stock, valued at approximately $55,000. Susquehanna International Group LLP owned 0.09% of ATA Creativity Global at the end of the most recent reporting period. 0.81% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on shares of ATA Creativity Global in a research note on Friday, June 9th. They issued a “sell” rating for the company.

ATA Creativity Global Price Performance

AACG stock opened at $1.32 on Thursday. ATA Creativity Global has a 1 year low of $1.00 and a 1 year high of $2.64. The company has a market cap of $41.97 million, a P/E ratio of -5.72 and a beta of 1.31. The firm has a 50-day moving average of $1.66 and a 200 day moving average of $1.66. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.23 and a quick ratio of 0.23.

ATA Creativity Global (NASDAQ:AACG – Get Rating) last released its quarterly earnings results on Thursday, March 30th. The company reported $0.01 earnings per share (EPS) for the quarter. ATA Creativity Global had a negative net margin of 24.28% and a negative return on equity of 35.42%. The company had revenue of $11.39 million during the quarter.

ATA Creativity Global Company Profile

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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.

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