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Time to Reconsider Ata Inc – American Depositary Shares Each Repres (NASDAQ:ATAI) After More Short Sellers?

The stock of Ata Inc – American Depositary Shares Each Repres (NASDAQ:ATAI) registered an increase of 2275.32% in short interest. ATAI’s total short interest was 548,700 shares in November as published by FINRA. Its up 2275.32% from 23,100 shares, reported previously. With 2.49 million shares average volume, it will take short sellers 0 days to cover their ATAI’s short positions. The short interest to Ata Inc – American Depositary Shares Each Repres’s float is 9.34%.

The stock decreased 1.80% or $0.02 during the last trading session, reaching $1.09. About 180,329 shares traded. ATA Inc. (NASDAQ:ATAI) has risen 170.07% since November 10, 2017 and is uptrending. It has outperformed by 154.45% the S&P500.

ATA Inc., through its subsidiaries, provides computer testing services in the PeopleÂ’s Republic of China. The company has market cap of $24.96 million. The firm offers services for the creation and delivery of computer tests utilizing its test delivery platform and proprietary testing technologies that are used for professional licensure and certification tests in various industries, including IT services, banking, teaching, and insurance; and administrative services, such as test registration, scheduling, fee collection, and certification fulfillment. It currently has negative earnings. The Company’s e-testing platform integrates various aspects of the test delivery process for computer tests, from test form compilation to test scoring and results analysis; and mobile test administration platform MTS enhances test administration.

Another recent and important ATA Inc. (NASDAQ:ATAI) news was published by Globenewswire.com which published an article titled: “ATA Reports 2018 Third Quarter Financial Results” on November 08, 2018.

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