Baiya International Group Inc. (NASDAQ:BIYA) Sees Significant Decline in Short Interest

Baiya International Group Inc. (NASDAQ:BIYA) was the recipient of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totaling 15,748 shares, a decrease of 97.6% from the December 15th total of 654,832 shares. Approximately 1.3% of the company’s shares are sold short. Based on an average trading volume of 28,859 shares, the short-interest ratio is presently 0.5 days. Based on an average trading volume of 28,859 shares, the short-interest ratio is presently 0.5 days. Approximately 1.3% of the company’s shares are sold short.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Baiya International Group in a report on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has an average rating of “Sell”.

Baiya International Group Stock Down 9.5%

Shares of BIYA opened at $4.17 on Wednesday. The firm’s 50-day moving average price is $6.11 and its 200-day moving average price is $12.01. Baiya International Group has a 1-year low of $3.65 and a 1-year high of $200.00.

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.