Short Interest in TCTM Kids IT Education Inc. (NASDAQ:VSA) Increases By 107.0%

TCTM Kids IT Education Inc. (NASDAQ:VSA) was the target of a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 759,135 shares, an increase of 107.0% from the April 15th total of 366,744 shares. Based on an average daily volume of 2,180,053 shares, the short-interest ratio is presently 0.3 days. Currently, 9.3% of the shares of the company are sold short.

TCTM Kids IT Education Price Performance

NASDAQ:VSA traded down $0.02 on Monday, reaching $0.33. 349,128 shares of the company’s stock were exchanged, compared to its average volume of 7,090,042. The firm has a market cap of $4.07 million, a price-to-earnings ratio of -0.01 and a beta of 0.63. TCTM Kids IT Education has a 52 week low of $0.33 and a 52 week high of $212.04. The stock has a fifty day simple moving average of $0.76 and a 200-day simple moving average of $11.14.

TCTM Kids IT Education shares are going to reverse split on Tuesday, May 26th. The 1-10 reverse split was announced on Tuesday, May 5th. The number of shares owned by shareholders will be adjusted after the closing bell on Monday, May 25th.

Analysts Set New Price Targets

Several brokerages have weighed in on VSA. Weiss Ratings reissued a “sell (e+)” rating on shares of TCTM Kids IT Education in a report on Monday, March 30th. Wall Street Zen upgraded shares of TCTM Kids IT Education to a “hold” rating in a research report on Saturday, May 9th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, TCTM Kids IT Education has an average rating of “Sell”.

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.