Baiya International Group Inc. (NASDAQ:BIYA – Get 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
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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