Baosheng Media Group Holdings Limited (NASDAQ:BAOS) Sees Large Increase in Short Interest

Baosheng Media Group Holdings Limited (NASDAQ:BAOSGet Free Report) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 98,900 shares, an increase of 360.0% from the December 15th total of 21,500 shares. Approximately 11.0% of the shares of the company are short sold. Based on an average trading volume of 1,120,000 shares, the days-to-cover ratio is presently 0.1 days.

Baosheng Media Group Price Performance

NASDAQ:BAOS traded up $0.06 during mid-day trading on Wednesday, hitting $2.91. The company’s stock had a trading volume of 97,063 shares, compared to its average volume of 963,437. The business’s fifty day moving average is $2.44 and its two-hundred day moving average is $2.30. Baosheng Media Group has a 1 year low of $1.44 and a 1 year high of $13.66.

Baosheng Media Group Company Profile

(Get Free Report)

Baosheng Media Group Holdings Limited operates as an online marketing solution provider in the People's Republic of China. It connects advertisers, online media, and helping advertisers to manage their online marketing activities in various ways, including advising on advertising strategies, budget, and choice of advertising channels; procures ad inventory; offers ad optimization services; and administrates and fine-tunes the ad placement process.

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