TCTM Kids IT Education Inc. (NASDAQ:VSA) Short Interest Down 59.4% in June

TCTM Kids IT Education Inc. (NASDAQ:VSA) was the recipient of a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 28,885 shares, a decrease of 59.4% from the June 15th total of 71,115 shares. Currently, 3.5% of the company’s shares are sold short. Based on an average daily volume of 25,373 shares, the days-to-cover ratio is presently 1.1 days.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on VSA shares. Wall Street Zen upgraded shares of TCTM Kids IT Education to a “hold” rating in a report on Saturday, May 9th. Weiss Ratings upgraded shares of TCTM Kids IT Education from a “sell (e+)” rating to a “sell (d-)” rating in a report on Monday, May 18th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has a consensus rating of “Sell”.

TCTM Kids IT Education Price Performance

Shares of NASDAQ:VSA opened at $3.20 on Tuesday. The stock’s 50-day moving average is $4.34 and its 200 day moving average is $11.49. The company has a market cap of $3.90 million, a PE ratio of 0.07 and a beta of 0.46. TCTM Kids IT Education has a 1 year low of $2.81 and a 1 year high of $2,120.35.

TCTM Kids IT Education (NASDAQ:VSA) last released its quarterly earnings data on Monday, May 11th. The company reported ($3.73) earnings per share for the quarter. The business had revenue of ($6.46) 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.