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

Baosheng Media Group Holdings Limited (NASDAQ:BAOS) was the recipient of a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 11,200 shares, a decrease of 79.9% from the February 29th total of 55,600 shares. Based on an average daily trading volume, of 74,100 shares, the days-to-cover ratio is currently 0.2 days. Currently, 1.7% of the company’s stock are sold short.

Baosheng Media Group Stock Up 5.5 %

Shares of NASDAQ:BAOS opened at $3.48 on Thursday. The stock’s 50-day moving average is $3.58 and its 200-day moving average is $4.08. Baosheng Media Group has a 52-week low of $3.06 and a 52-week high of $23.30.

About Baosheng Media Group

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.