Short Interest in ATIF Holdings Limited (NASDAQ:ZBAI) Declines By 38.7%

ATIF Holdings Limited (NASDAQ:ZBAI) saw a significant drop in short interest in January. As of January 30th, there was short interest totaling 3,202 shares, a drop of 38.7% from the January 15th total of 5,220 shares. Based on an average daily trading volume, of 7,610 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.4% of the shares of the stock are short sold. Approximately 0.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 7,610 shares, the days-to-cover ratio is presently 0.4 days.

Wall Street Analysts Forecast Growth

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

ATIF Price Performance

ZBAI opened at $5.66 on Friday. The firm has a 50 day simple moving average of $6.96 and a 200 day simple moving average of $7.38. ATIF has a fifty-two week low of $4.83 and a fifty-two week high of $22.50. The company has a market cap of $7.47 million, a price-to-earnings ratio of -0.79 and a beta of -0.27.

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.