Baosheng Media Group Holdings Limited (NASDAQ:BAOS) Short Interest Update

Baosheng Media Group Holdings Limited (NASDAQ:BAOS) was the target of a large decline in short interest in the month of December. As of December 15th, there was short interest totaling 22,391 shares, a decline of 44.0% from the November 30th total of 39,960 shares. Based on an average daily volume of 36,820 shares, the days-to-cover ratio is currently 0.6 days. Based on an average daily volume of 36,820 shares, the days-to-cover ratio is currently 0.6 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Baosheng Media Group in a research report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Baosheng Media Group Stock Down 5.6%

Shares of NASDAQ BAOS opened at $2.72 on Monday. Baosheng Media Group has a 1-year low of $1.52 and a 1-year high of $8.30. The business has a 50-day moving average of $2.97 and a 200-day moving average of $3.00.

Baosheng Media Group (NASDAQ:BAOS) last released its quarterly earnings results on Friday, November 28th. The company reported ($1.36) EPS for the quarter. The company had revenue of $0.14 million during the quarter.

Baosheng Media Group Company Profile

Baosheng Media Group is a China-based animation and digital entertainment company focused on the creation, production and distribution of original animated content and digital comics. The company develops proprietary intellectual property (IP) and oversees the full production cycle, from storyboarding and character design to animation, post-production and voice-over recording.

Baosheng Media partners with leading digital streaming platforms such as Tencent Video, iQiyi and Bilibili to deliver its animation series and serialized comics to audiences across mainland China.