BAIYU Holdings, Inc. (NASDAQ:BYU) Short Interest Up 619.7% in March

BAIYU Holdings, Inc. (NASDAQ:BYU) saw a large growth in short interest in March. As of March 15th, there was short interest totalling 43,900 shares, a growth of 619.7% from the February 29th total of 6,100 shares. Currently, 0.6% of the company’s stock are sold short. Based on an average daily trading volume, of 95,700 shares, the short-interest ratio is presently 0.5 days.

BAIYU Trading Down 1.5 %

BAIYU stock opened at $1.35 on Thursday. The company’s 50-day moving average price is $1.43. The stock has a market cap of $5.56 million, a P/E ratio of -1.99 and a beta of 0.35. BAIYU has a fifty-two week low of $1.11 and a fifty-two week high of $57.00.

BAIYU Company Profile

BAIYU Holdings, Inc engages in commodities trading and supply chain service businesses in the People's Republic of China. The company's commodity trading business engages in purchasing non-ferrous metal products, such as aluminum ingots, copper, silver, and gold from upstream metal and mineral suppliers and then selling to downstream customers.