Short Interest in Baosheng Media Group Holdings Limited (NASDAQ:BAOS) Decreases By 28.2%

Baosheng Media Group Holdings Limited (NASDAQ:BAOS) was the recipient of a significant decrease in short interest in February. As of February 13th, there was short interest totaling 13,738 shares, a decrease of 28.2% from the January 29th total of 19,138 shares. Based on an average daily volume of 13,323 shares, the short-interest ratio is currently 1.0 days. Currently, 0.9% of the company’s shares are sold short. Currently, 0.9% of the company’s shares are sold short. Based on an average daily volume of 13,323 shares, the short-interest ratio is currently 1.0 days.

Baosheng Media Group Trading Up 3.1%

NASDAQ:BAOS opened at $2.69 on Friday. The stock has a 50-day simple moving average of $2.84 and a 200 day simple moving average of $3.00. Baosheng Media Group has a 52-week low of $1.52 and a 52-week high of $8.30.

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

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Baosheng Media Group in a report on Wednesday, January 21st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has a consensus rating of “Sell”.

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.