TCTM Kids IT Education Inc. (NASDAQ:VSA) Sees Large Decrease in Short Interest

TCTM Kids IT Education Inc. (NASDAQ:VSA) was the recipient of a large drop in short interest in May. As of May 29th, there was short interest totaling 43,981 shares, a drop of 93.5% from the May 14th total of 678,715 shares. Based on an average daily trading volume, of 72,923 shares, the short-interest ratio is currently 0.6 days. Currently, 5.4% of the shares of the stock are sold short.

Analysts Set New Price Targets

Several equities research analysts recently commented on VSA shares. Weiss Ratings raised shares of TCTM Kids IT Education from a “sell (e+)” rating to a “sell (d-)” rating in a report on Monday, May 18th. Wall Street Zen raised shares of TCTM Kids IT Education to a “hold” rating in a report on Saturday, May 9th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Sell”.

TCTM Kids IT Education Price Performance

Shares of TCTM Kids IT Education stock opened at $4.44 on Wednesday. The stock has a market capitalization of $5.42 million, a P/E ratio of -0.02 and a beta of 0.46. The business has a 50 day simple moving average of $5.96 and a two-hundred day simple moving average of $20.37. TCTM Kids IT Education has a 12 month low of $2.81 and a 12 month high of $2,120.35.

TCTM Kids IT Education (NASDAQ:VSA) last issued its quarterly earnings results on Monday, May 11th. The company reported ($37.25) earnings per share (EPS) for the quarter. The firm had revenue of ($6.46) million during the quarter.

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.