Baiya International Group Inc. (NASDAQ:BIYA) Short Interest Update
by Doug Wharley · The Cerbat GemBaiya International Group Inc. (NASDAQ:BIYA – Get Free Report) was the recipient of a significant growth in short interest in May. As of May 15th, there was short interest totaling 652,736 shares, a growth of 76.5% from the April 30th total of 369,889 shares. Approximately 40.5% of the company’s stock are sold short. Based on an average daily volume of 7,816,998 shares, the short-interest ratio is currently 0.1 days.
Analyst Upgrades and Downgrades
A number of research firms have weighed in on BIYA. Wall Street Zen lowered shares of Baiya International Group to a “strong sell” rating in a research report on Saturday, May 16th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Baiya International Group in a research report on Friday, March 27th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has a consensus rating of “Sell”.
Read Our Latest Report on Baiya International Group
Baiya International Group Stock Performance
NASDAQ BIYA traded up $0.01 on Tuesday, reaching $0.93. The company’s stock had a trading volume of 628,562 shares, compared to its average volume of 10,822,677. The business has a 50-day moving average price of $1.19 and a 200 day moving average price of $3.18. Baiya International Group has a 52 week low of $0.61 and a 52 week high of $150.00.
Baiya International Group (NASDAQ:BIYA – Get Free Report) last posted its earnings results on Thursday, April 30th. The company reported $2.29 earnings per share for the quarter. The business had revenue of $4.61 million during the quarter.
About Baiya International Group
We, Baiya International Group Inc (“Baiya”), are an offshore holding company incorporated in the Cayman Islands. We are not a Chinese operating company, but an offshore holding company incorporated in the Cayman Islands. As a holding company, we have no material operations and conduct all of our operations in China through the VIE, Shenzhen Gongwuyuan Network Technology Co, Ltd. (“Gongwuyuan”), and its subsidiaries, collectively, “PRC operating entities”. We entered into a series of Contractual Arrangements with the VIE and certain shareholders of Gongwuyuan, and this structure involves unique risks to investors.