Short Interest in Agape ATP Co. (NASDAQ:ATPC) Increases By 1,058.2%

Agape ATP Co. (NASDAQ:ATPC) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totalling 674,100 shares, an increase of 1,058.2% from the July 15th total of 58,200 shares. Currently, 1.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 8,500,000 shares, the days-to-cover ratio is currently 0.1 days.

Agape ATP Stock Performance

NASDAQ:ATPC opened at $0.11 on Wednesday. The stock has a market cap of $8.82 million and a P/E ratio of -5.74. The company has a quick ratio of 5.00, a current ratio of 5.06 and a debt-to-equity ratio of 0.02. The business’s 50-day moving average price is $0.19 and its two-hundred day moving average price is $0.28. Agape ATP has a twelve month low of $0.08 and a twelve month high of $3.75.

Agape ATP (NASDAQ:ATPC) last announced its earnings results on Tuesday, May 14th. The company reported ($0.01) earnings per share for the quarter. Agape ATP had a negative net margin of 173.63% and a negative return on equity of 102.90%. The company had revenue of $0.32 million during the quarter.

Agape ATP Company Profile

Agape ATP Corporation, an investment holding company, supplies health and wellness products and health solution advisory services in Malaysia. It offers four series of programs that consist of various services and products under the ATP Zeta Health Program, ÉNERGÉTIQUE, BEAUNIQUE, and E.A.T.S. names.