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

Baiya International Group Inc. (NASDAQ:BIYA) was the recipient of a large increase in short interest during the month of March. As of March 13th, there was short interest totaling 28,259 shares, an increase of 94.9% from the February 26th total of 14,496 shares. Based on an average daily volume of 1,113,370 shares, the short-interest ratio is presently 0.0 days. Currently, 2.3% of the company’s stock are sold short.

Analyst Upgrades and Downgrades

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

Baiya International Group Trading Down 3.4%

Baiya International Group stock opened at $1.44 on Friday. The company’s 50 day moving average is $2.56 and its two-hundred day moving average is $6.83. Baiya International Group has a 52-week low of $1.20 and a 52-week 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.