ATIF Holdings Limited (NASDAQ:AUC) Short Interest Update

ATIF Holdings Limited (NASDAQ:AUC) was the recipient of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 7,372 shares, a growth of 350.1% from the June 15th total of 1,638 shares. Approximately 0.8% of the company’s shares are short sold. Based on an average daily volume of 10,183 shares, the short-interest ratio is currently 0.7 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings lowered ATIF from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Thursday, July 2nd. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has an average rating of “Sell”.

ATIF Price Performance

Shares of NASDAQ AUC traded down $0.07 during mid-day trading on Friday, hitting $7.36. The company had a trading volume of 5,562 shares, compared to its average volume of 8,771. The company has a market capitalization of $9.72 million, a PE ratio of -1.02 and a beta of 0.07. ATIF has a 1-year low of $4.14 and a 1-year high of $14.76. The business’s 50-day simple moving average is $8.15 and its 200 day simple moving average is $7.23.

ATIF Company Profile

ATIF Holdings Limited, through its subsidiaries, provides a range of financial consulting and advisory services to small and medium-sized enterprises. The company focuses on helping clients with business strategy, financing support, and support for going public, including initial public offering-related services.

Its offerings have included consulting on corporate structure, merger and acquisition advisory, and other business development services designed to help companies navigate capital markets and growth opportunities.