Short Interest in Baosheng Media Group Holdings Limited (NASDAQ:BAOS) Grows By 360.0%

Baosheng Media Group Holdings Limited (NASDAQ:BAOS) saw a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 98,900 shares, an increase of 360.0% from the December 31st total of 21,500 shares. Approximately 11.0% of the company’s stock are sold short. Based on an average trading volume of 1,120,000 shares, the short-interest ratio is currently 0.1 days.

Baosheng Media Group Stock Performance

BAOS opened at $3.22 on Wednesday. The company’s 50-day simple moving average is $2.69 and its two-hundred day simple moving average is $2.39. Baosheng Media Group has a 52-week low of $1.44 and a 52-week high of $13.66.

About Baosheng Media Group

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.