ATIF Holdings Ltd’s (NASDAQ:ATIF) Lock-Up Period Will End on October 30th

ATIF’s (NASDAQ:ATIF) lock-up period will end on Wednesday, October 30th. ATIF had issued 2,074,672 shares in its initial public offering on May 3rd. The total size of the offering was $10,373,360 based on an initial share price of $5.00. After the expiration of ATIF’s lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.

NASDAQ ATIF opened at $2.76 on Friday. The company has a 50 day simple moving average of $2.84. ATIF has a 12-month low of $2.48 and a 12-month high of $5.10.

A hedge fund recently bought a new stake in ATIF stock. Citadel Advisors LLC purchased a new stake in ATIF Holdings Ltd (NASDAQ:ATIF) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 19,155 shares of the company’s stock, valued at approximately $64,000. Citadel Advisors LLC owned 0.05% of ATIF at the end of the most recent reporting period. 0.07% of the stock is currently owned by hedge funds and other institutional investors.

About ATIF

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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