Baiya International Group Inc. (NASDAQ:BIYA – Get Free Report) was the recipient of a large decline in short interest in March. As of March 31st, there was short interest totaling 23,013 shares, a decline of 18.6% from the March 15th total of 28,259 shares. Based on an average daily trading volume, of 78,981 shares, the short-interest ratio is currently 0.3 days. Approximately 1.4% of the shares of the company are sold short.
Baiya International Group Price Performance
NASDAQ BIYA opened at $0.98 on Friday. The stock’s 50 day moving average is $1.65 and its 200 day moving average is $5.38. Baiya International Group has a 12 month low of $0.89 and a 12 month high of $151.50.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Baiya International Group in a research report on Friday, March 27th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Baiya International Group currently has a consensus rating of “Sell”.
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.
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