ATIF Holdings Limited (NASDAQ:ATIF) Sees Large Increase in Short Interest

ATIF Holdings Limited (NASDAQ:ATIF) was the target of a significant increase in short interest in November. As of November 15th, there was short interest totalling 31,700 shares, an increase of 71.4% from the October 31st total of 18,500 shares. Approximately 0.6% of the company’s stock are sold short. Based on an average daily volume of 75,900 shares, the days-to-cover ratio is currently 0.4 days.

ATIF Stock Up 4.8 %

ATIF traded up $0.03 during trading hours on Friday, hitting $0.65. 4,679 shares of the company’s stock were exchanged, compared to its average volume of 29,485. The stock has a market cap of $7.75 million, a price-to-earnings ratio of -2.17 and a beta of -0.36. ATIF has a 1-year low of $0.58 and a 1-year high of $1.50. The stock’s 50-day moving average is $0.83 and its two-hundred day moving average is $0.85.

About ATIF

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.