Baosheng Media Group Holdings Limited (NASDAQ:BAOS) Short Interest Down 45.0% in January

Baosheng Media Group Holdings Limited (NASDAQ:BAOS) saw a significant drop in short interest in the month of January. As of January 31st, there was short interest totalling 62,800 shares, a drop of 45.0% from the January 15th total of 114,200 shares. Based on an average daily trading volume, of 1,230,000 shares, the days-to-cover ratio is presently 0.1 days. Approximately 7.0% of the company’s stock are short sold.

Baosheng Media Group Price Performance

NASDAQ BAOS traded down $0.19 on Friday, hitting $3.10. The stock had a trading volume of 32,560 shares, compared to its average volume of 390,813. The business’s fifty day moving average price is $3.10 and its 200 day moving average price is $2.49. Baosheng Media Group has a 52-week low of $1.44 and a 52-week high of $13.66.

Baosheng Media Group Company Profile

Baosheng Media Group Holdings Limited operates as an online marketing solution provider in the People's Republic of China. It connects advertisers, online media, and helping advertisers to manage their online marketing activities in various ways, including advising on advertising strategies, budget, and choice of advertising channels; procures ad inventory; offers ad optimization services; and administrates and fine-tunes the ad placement process.