Short Interest in ATIF Holdings Limited (NASDAQ:AUC) Grows By 350.1%

ATIF Holdings Limited (NASDAQ:AUC) was the recipient of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 7,372 shares, a growth of 350.1% from the June 15th total of 1,638 shares. Based on an average trading volume of 10,183 shares, the short-interest ratio is presently 0.7 days. Currently, 0.8% of the company’s shares are short sold.

ATIF Stock Performance

ATIF stock traded down $0.05 during trading hours on Monday, hitting $7.31. The company had a trading volume of 2,755 shares, compared to its average volume of 6,678. The firm has a market cap of $9.68 million, a P/E ratio of -1.02 and a beta of 0.07. ATIF has a 1 year low of $4.14 and a 1 year high of $14.76. The company has a 50-day moving average price of $8.15 and a two-hundred day moving average price of $7.22.

Analyst Ratings Changes

Separately, Weiss Ratings downgraded ATIF from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Thursday, July 2nd. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, ATIF presently has an average rating of “Sell”.

About ATIF

ATIF Holdings Limited, through its subsidiaries, provides a range of financial consulting and advisory services to small and medium-sized enterprises. The company focuses on helping clients with business strategy, financing support, and support for going public, including initial public offering-related services.

Its offerings have included consulting on corporate structure, merger and acquisition advisory, and other business development services designed to help companies navigate capital markets and growth opportunities.