Agape ATP Corporation (NASDAQ:ATPC) Short Interest Update

Key Points

• Agape ATP Corporation (NASDAQ:ATPC) experienced a remarkable 93.5% decline in short interest, dropping from 54,000 shares to just 3,500 shares in August.
• The company's stock price increased by 0.8% to $1.34, despite a low trading volume of just 256 shares.
• Analysts upgraded Agape ATP shares from a "sell" rating to a "hold" rating, indicating a more positive outlook for the company.

Agape ATP Corporation (NASDAQ:ATPC - Get Free Report) was the recipient of a large decrease in short interest in August. As of August 31st, there was short interest totaling 3,500 shares, a decrease of 93.5% from the August 15th total of 54,000 shares. Based on an average daily volume of 46,200 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 46,200 shares, the days-to-cover ratio is presently 0.1 days.

Agape ATP Price Performance

ATPC traded up $0.02 during midday trading on Tuesday, reaching $1.30. 4,607 shares of the company's stock traded hands, compared to its average volume of 1,285,530. Agape ATP has a 52 week low of $0.90 and a 52 week high of $2.93. The firm has a fifty day moving average of $1.34 and a two-hundred day moving average of $1.48. The stock has a market capitalization of $65.01 million, a price-to-earnings ratio of -3.17 and a beta of -0.98.

Agape ATP (NASDAQ:ATPC - Get Free Report) last posted its earnings results on Wednesday, August 13th. The company reported ($0.01) earnings per share (EPS) for the quarter. Agape ATP had a negative net margin of 183.13% and a negative return on equity of 20.32%.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded shares of Agape ATP from a "sell" rating to a "hold" rating in a research report on Thursday, May 22nd.

About Agape ATP

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.