Short Interest in Baiya International Group Inc. (NASDAQ:BIYA) Decreases By 56.1%

Baiya International Group Inc. (NASDAQ:BIYA) was the target of a significant decrease in short interest in August. As of August 14th, there was short interest totaling 69,175 shares, a decrease of 56.1% from the July 30th total of 157,457 shares. Based on an average trading volume of 467,333 shares, the short-interest ratio is currently 0.1 days. Currently, 2.6% of the company’s stock are short sold.

Analyst Upgrades and Downgrades

BIYA has been the topic of a number of research analyst reports. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Baiya International Group in a report on Wednesday, June 24th. Wall Street Zen raised shares of Baiya International Group from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 15th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company has an average rating of “Sell”.

Baiya International Group Price Performance

NASDAQ BIYA traded down $0.13 during mid-day trading on Friday, reaching $2.23. 30,125 shares of the stock were exchanged, compared to its average volume of 340,910. Baiya International Group has a one year low of $1.91 and a one year high of $187.50. The stock has a 50 day simple moving average of $3.53 and a 200-day simple moving average of $9.97.

Baiya International Group Company Profile

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.