ATIF’s (NASDAQ:ATIF) lock-up period is set to expire on Wednesday, October 30th. ATIF had issued 2,074,672 shares in its IPO on May 3rd. The total size of the offering was $10,373,360 based on an initial share price of $5.00. Shares of the company owned by major shareholders and company insiders will be eligible for trade following the end of the lock-up period.
Shares of ATIF stock opened at $2.81 on Wednesday. The stock has a 50 day moving average of $2.86. ATIF has a one year low of $2.48 and a one year high of $5.10.
A hedge fund recently bought a new stake in ATIF stock. Citadel Advisors LLC acquired a new position in ATIF Holdings Ltd (NASDAQ:ATIF) during the second quarter, according to its most recent filing with the SEC. The firm acquired 19,155 shares of the company’s stock, valued at approximately $64,000. Citadel Advisors LLC owned about 0.05% of ATIF as of its most recent filing with the SEC. 0.07% of the stock is currently owned by hedge funds and other institutional investors.
ATIF Holdings Limited provides financial consulting services to small and medium-sized enterprises in Asia. The company offers going public consulting and international financial consulting services. It also operates chinacnnm.com, a news and media Website that provides social news and financial information to the Asian region.
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