Agape ATP Corporation (NASDAQ:ATPC) Shares Shorted: Short Interest Down 57.5% in September

Agape ATP Corporation (NASDAQ:ATPC) saw a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 9,771 shares, a decline of 57.5% from the September 15th total of 23,016 shares. Approximately 1.0% of the company’s shares are sold short. Based on an average daily volume of 22,972 shares, the days-to-cover ratio is presently 0.4 days.

Analyst Ratings Changes

Several research analysts have recently commented on ATPC shares. Wall Street Zen upgraded Agape ATP from a “sell” rating to a “hold” rating in a research report on Monday, June 29th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Agape ATP in a research note on Wednesday, August 19th. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat.com, Agape ATP currently has a consensus rating of “Sell”.

Agape ATP Stock Down 8.5%

NASDAQ ATPC traded down $0.18 during trading on Tuesday, hitting $1.99. The stock had a trading volume of 14,533 shares, compared to its average volume of 2,022,165. The company has a market capitalization of $1.99 million, a PE ratio of -2.68 and a beta of 0.42. The firm has a 50 day moving average price of $2.33 and a 200 day moving average price of $2.66. Agape ATP has a twelve month low of $1.72 and a twelve month high of $73.50.

Agape ATP (NASDAQ:ATPC) last issued its quarterly earnings results on Friday, August 14th. The company reported $0.15 earnings per share (EPS) for the quarter. The business had revenue of $0.01 million for the quarter. Agape ATP had a negative net margin of 85.94% and a negative return on equity of 5.47%.

About Agape ATP

Agape ATP Corporation (NASDAQ: ATPC) is a Malaysia-based health and wellness company focused on products and services intended to support healthy aging and overall well-being. The company operates through a direct-selling and distribution model.

Its offerings include nutritional supplements, wellness products and related health-focused services. Agape ATP has also promoted personalized wellness programs and products associated with preventive health and anti-aging. The company primarily serves customers in Malaysia and has described its business as having an international focus across parts of Asia.

Agape ATP Corporation is headquartered in Malaysia and is publicly traded on the Nasdaq Stock Market.