ATIF Holdings Limited (NASDAQ:AUC) Short Interest Down 32.2% in July

ATIF Holdings Limited (NASDAQ:AUC) was the target of a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 4,997 shares, a decrease of 32.2% from the June 30th total of 7,372 shares. Based on an average daily trading volume, of 8,165 shares, the short-interest ratio is presently 0.6 days. Approximately 0.6% of the shares of the company are short sold.

ATIF Trading Up 3.8%

ATIF stock opened at $7.30 on Friday. The stock has a market cap of $9.67 million, a price-to-earnings ratio of -1.01 and a beta of 0.07. The company’s 50-day moving average price is $7.97 and its two-hundred day moving average price is $7.31. ATIF has a 52 week low of $4.14 and a 52 week high of $11.94.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised shares of ATIF from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday, July 23rd. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has an average rating of “Sell”.

About ATIF

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.