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

ATIF Holdings Limited (NASDAQ:ZBAI) was the target of a large decrease in short interest in January. As of January 15th, there was short interest totaling 5,220 shares, a decrease of 33.2% from the December 31st total of 7,810 shares. Approximately 0.8% of the shares of the stock are short sold. Based on an average daily volume of 3,331 shares, the short-interest ratio is currently 1.6 days. Based on an average daily volume of 3,331 shares, the short-interest ratio is currently 1.6 days. Approximately 0.8% of the shares of the stock are short sold.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed 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, Based on data from MarketBeat, ATIF currently has a consensus rating of “Sell”.

ATIF Price Performance

ZBAI opened at $6.45 on Friday. The firm has a market capitalization of $6.19 million, a P/E ratio of -0.90 and a beta of -0.31. ATIF has a one year low of $4.83 and a one year high of $44.64. The company has a fifty day moving average price of $7.05 and a 200-day moving average price of $7.56.

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.