Short Interest in Baiya International Group Inc. (NASDAQ:BIYA) Declines By 69.6%

Baiya International Group Inc. (NASDAQ:BIYA) was the target of a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 50,600 shares, a decrease of 69.6% from the September 30th total of 166,600 shares. Currently, 1.6% of the company’s shares are sold short. Based on an average daily volume of 707,000 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 707,000 shares, the days-to-cover ratio is presently 0.1 days. Currently, 1.6% of the company’s shares are sold short.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (e)” rating on shares of Baiya International Group in a research note on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, Baiya International Group has an average rating of “Sell”.

Baiya International Group Stock Performance

NASDAQ:BIYA opened at $0.30 on Thursday. The company has a fifty day simple moving average of $0.55 and a two-hundred day simple moving average of $1.72. Baiya International Group has a 52 week low of $0.17 and a 52 week high of $8.00.

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.