Short Interest in Baosheng Media Group Holdings Limited (NASDAQ:BAOS) Declines By 43.8%

Baosheng Media Group Holdings Limited (NASDAQ:BAOS) was the target of a large drop in short interest during the month of March. As of March 15th, there was short interest totalling 2,700 shares, a drop of 43.8% from the February 28th total of 4,800 shares. Based on an average trading volume of 1,310,000 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.3% of the shares of the company are short sold.

Baosheng Media Group Price Performance

Shares of BAOS stock opened at $2.42 on Friday. Baosheng Media Group has a 1 year low of $1.44 and a 1 year high of $13.66. The firm has a fifty day moving average price of $2.88 and a 200-day moving average price of $2.56.

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.