ATIF Holdings Limited (NASDAQ:ZBAI) Short Interest Down 42.6% in May

ATIF Holdings Limited (NASDAQ:ZBAI) saw a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 1,272 shares, a decrease of 42.6% from the April 30th total of 2,215 shares. Based on an average trading volume of 5,710 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the company’s stock are sold short.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded shares of ATIF from a “sell (e+)” rating to a “sell (d-)” rating in a report on Monday, May 18th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has a consensus rating of “Sell”.

ATIF Price Performance

Shares of NASDAQ:ZBAI traded down $0.10 during midday trading on Thursday, reaching $8.86. 10,082 shares of the company’s stock were exchanged, compared to its average volume of 5,153. The stock has a market cap of $11.69 million, a price-to-earnings ratio of -1.23 and a beta of 0.08. ATIF has a fifty-two week low of $4.14 and a fifty-two week high of $18.00. The firm’s 50 day simple moving average is $7.85 and its two-hundred day simple moving average is $7.12.

ATIF Company Profile

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.