Short Interest in ATIF Holdings Limited (NASDAQ:ATIF) Drops By 14.0%

ATIF Holdings Limited (NASDAQ:ATIF) saw a large drop in short interest in the month of August. As of August 31st, there was short interest totalling 3,700 shares, a drop of 14.0% from the August 15th total of 4,300 shares. Based on an average daily volume of 5,600 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.1% of the shares of the stock are sold short.

ATIF Stock Performance

Shares of ATIF stock traded up $0.03 during mid-day trading on Wednesday, hitting $1.05. 3,506 shares of the stock traded hands, compared to its average volume of 9,634. ATIF has a twelve month low of $0.58 and a twelve month high of $1.45. The firm has a market cap of $12.51 million, a price-to-earnings ratio of -1.96 and a beta of -0.41. The company’s 50-day simple moving average is $0.82 and its 200-day simple moving average is $0.89.

ATIF Company Profile

ATIF Holdings Limited operates as a business consulting company in Hong Kong, the United States, and Mexico. It offers financial consulting services to small and medium-sized enterprises (SMEs). The company primarily focuses on helping clients going public on the national stock exchanges and OTC markets in the United States.