ATIF Holdings Limited (NASDAQ:ZBAI) Sees Significant Drop in Short Interest

ATIF Holdings Limited (NASDAQ:ZBAI) saw a large decline in short interest in March. As of March 13th, there was short interest totaling 1,455 shares, a decline of 48.9% from the February 26th total of 2,848 shares. Based on an average daily trading volume, of 1,807 shares, the short-interest ratio is currently 0.8 days. Currently, 0.2% of the shares of the stock are sold short.

ATIF Stock Down 2.0%

Shares of NASDAQ ZBAI opened at $5.97 on Friday. The firm has a 50-day simple moving average of $6.32 and a 200-day simple moving average of $7.38. The stock has a market capitalization of $7.88 million, a price-to-earnings ratio of -0.83 and a beta of -0.34. ATIF has a 52 week low of $4.14 and a 52 week high of $20.16.

Analysts Set New Price Targets

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

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.