Short Interest in Baiya International Group Inc. (NASDAQ:BIYA) Increases By 74.9%

Baiya International Group Inc. (NASDAQ:BIYAGet Free Report) saw a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 157,457 shares, an increase of 74.9% from the July 15th total of 90,018 shares. Based on an average daily trading volume, of 20,440,624 shares, the days-to-cover ratio is currently 0.0 days. Currently, 5.8% of the shares of the company are sold short.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Baiya International Group in a research report on Wednesday, June 24th. Wall Street Zen upgraded Baiya International Group from a “strong sell” rating to a “sell” rating in a research note on Saturday. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has an average rating of “Sell”.

Check Out Our Latest Research Report on BIYA

Baiya International Group Stock Performance

Shares of BIYA traded down $0.09 during midday trading on Monday, hitting $2.56. 73,711 shares of the stock traded hands, compared to its average volume of 2,377,734. The business’s 50 day moving average price is $4.46 and its two-hundred day moving average price is $12.25. Baiya International Group has a 1-year low of $1.91 and a 1-year high of $190.00.

Baiya International Group Company Profile

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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.

Further Reading

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