ATA Creativity Global (NASDAQ:AACG) Short Interest Update

ATA Creativity Global (NASDAQ:AACG) was the recipient of a significant increase in short interest in October. As of October 31st, there was short interest totalling 140,900 shares, an increase of 3,708.1% from the October 15th total of 3,700 shares. Based on an average daily volume of 53,800 shares, the days-to-cover ratio is currently 2.6 days.

ATA Creativity Global Price Performance

AACG stock opened at $1.03 on Thursday. The stock has a market capitalization of $32.96 million, a P/E ratio of -5.73 and a beta of 0.78. The firm has a 50-day simple moving average of $0.84 and a 200-day simple moving average of $0.79. ATA Creativity Global has a 52 week low of $0.50 and a 52 week high of $1.65. The company has a quick ratio of 0.16, a current ratio of 0.16 and a debt-to-equity ratio of 0.30.

Analysts Set New Price Targets

Separately, StockNews.com started coverage on shares of ATA Creativity Global in a research note on Sunday. They issued a “sell” rating on the stock.

Hedge Funds Weigh In On ATA Creativity Global

An institutional investor recently bought a new position in ATA Creativity Global stock. Virtu Financial LLC bought a new position in ATA Creativity Global (NASDAQ:AACG) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 40,553 shares of the company’s stock, valued at approximately $42,000. Virtu Financial LLC owned 0.13% of ATA Creativity Global as of its most recent filing with the Securities and Exchange Commission. 0.73% of the stock is currently owned by hedge funds and other institutional investors.

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.