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

ATIF Holdings Limited (NASDAQ:ZBAI) was the recipient of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 4,100 shares, an increase of 1,266.7% from the August 31st total of 300 shares. Currently, 0.5% of the shares of the stock are sold short. Based on an average daily volume of 170,800 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 170,800 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.5% of the shares of the stock are sold short.

ATIF Price Performance

ZBAI stock opened at $9.59 on Thursday. The firm has a 50 day simple moving average of $7.15 and a two-hundred day simple moving average of $11.54. The stock has a market cap of $9.21 million, a PE ratio of -1.33 and a beta of -0.64. ATIF has a one year low of $4.83 and a one year high of $45.00.

Analysts Set New Price Targets

Separately, Wall Street Zen raised ATIF to a “sell” rating in a research note on Friday, August 22nd.

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.