ATIF Holdings Limited (NASDAQ:ZBAI) Sees Large Drop in Short Interest

ATIF Holdings Limited (NASDAQ:ZBAI) was the recipient of a large drop in short interest in the month of December. As of December 15th, there was short interest totaling 5,127 shares, a drop of 33.3% from the November 30th total of 7,686 shares. Currently, 0.8% of the company’s stock are sold short. Based on an average daily trading volume, of 3,947 shares, the short-interest ratio is currently 1.3 days. Based on an average daily trading volume, of 3,947 shares, the short-interest ratio is currently 1.3 days. Currently, 0.8% of the company’s stock are sold short.

ATIF Stock Performance

NASDAQ:ZBAI opened at $5.93 on Wednesday. The stock has a 50-day simple moving average of $7.64 and a 200 day simple moving average of $7.52. ATIF has a 52-week low of $4.83 and a 52-week high of $45.00. The company has a market cap of $5.69 million, a PE ratio of -0.82 and a beta of -0.28.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of ATIF in a report on Monday, December 22nd. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has an average rating of “Sell”.

About ATIF

ATIF Holdings Ltd. engages in the provision of financial consulting services. It is also involved in merger and acquisition business advisory, post-listing compliance, management support, and related services. The company was founded on January 5, 2015 and is headquartered in Lake Forest, CA.