Baosheng Media Group Holdings Limited (NASDAQ:BAOS) Sees Significant Drop in Short Interest

Baosheng Media Group Holdings Limited (NASDAQ:BAOS) was the recipient of a significant decline in short interest during the month of January. As of January 31st, there was short interest totalling 62,800 shares, a decline of 45.0% from the January 15th total of 114,200 shares. Approximately 7.0% of the shares of the company are sold short. Based on an average daily volume of 1,230,000 shares, the short-interest ratio is presently 0.1 days.

Baosheng Media Group Trading Down 0.6 %

Shares of NASDAQ:BAOS traded down $0.02 on Thursday, hitting $3.31. The company’s stock had a trading volume of 10,086 shares, compared to its average volume of 564,291. Baosheng Media Group has a 12 month low of $1.44 and a 12 month high of $13.66. The stock’s 50-day moving average is $3.04 and its two-hundred day moving average is $2.48.

Baosheng Media Group Company Profile

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.