ATIF Holdings Limited (NASDAQ:AUC) Short Interest Down 32.2% in July

ATIF Holdings Limited (NASDAQ:AUC) was the target of a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 4,997 shares, a decline of 32.2% from the June 30th total of 7,372 shares. Approximately 0.6% of the shares of the company are sold short. Based on an average daily volume of 8,165 shares, the days-to-cover ratio is presently 0.6 days.

ATIF Stock Down 1.5%

AUC stock opened at $7.19 on Friday. The business’s 50-day moving average price is $7.94 and its 200-day moving average price is $7.31. The stock has a market cap of $9.49 million, a P/E ratio of -1.00 and a beta of 0.07. ATIF has a twelve month low of $4.14 and a twelve month high of $11.94.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings raised shares of ATIF from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, July 23rd. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has a consensus 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.