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

ATIF Holdings Limited (NASDAQ:ZBAI) was the target of a large drop in short interest in the month of December. As of December 15th, there was short interest totaling 5,127 shares, a drop of 33.3% from the November 30th total of 7,686 shares. Approximately 0.8% of the company’s stock are short sold. Based on an average daily volume of 3,947 shares, the short-interest ratio is currently 1.3 days. Based on an average daily volume of 3,947 shares, the short-interest ratio is currently 1.3 days. Approximately 0.8% of the company’s stock are short sold.

Analysts Set New Price Targets

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

ATIF Price Performance

Shares of ZBAI stock opened at $6.78 on Tuesday. The stock’s 50-day moving average is $7.69 and its 200 day moving average is $7.53. ATIF has a 1-year low of $4.83 and a 1-year high of $45.00. The company has a market cap of $6.51 million, a P/E ratio of -0.94 and a beta of -0.28.

About ATIF

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.