Baosheng Media Group Holdings Limited (NASDAQ:BAOS) Short Interest Down 28.6% in January

Baosheng Media Group Holdings Limited (NASDAQ:BAOS) was the target of a significant drop in short interest during the month of January. As of January 15th, there was short interest totaling 13,769 shares, a drop of 28.6% from the December 31st total of 19,273 shares. Based on an average trading volume of 10,434 shares, the short-interest ratio is currently 1.3 days. Based on an average trading volume of 10,434 shares, the short-interest ratio is currently 1.3 days.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Baosheng Media Group in a research note on Wednesday, January 21st. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has a consensus rating of “Sell”.

Baosheng Media Group Trading Up 5.7%

Shares of BAOS stock opened at $3.36 on Friday. Baosheng Media Group has a fifty-two week low of $1.52 and a fifty-two week high of $8.30. The stock has a 50 day moving average price of $3.01 and a two-hundred day moving average price of $3.03.

Baosheng Media Group (NASDAQ:BAOS) last issued its earnings results on Friday, November 28th. The company reported ($1.36) EPS for the quarter. The company had revenue of $0.14 million for the quarter.

About Baosheng Media Group

Baosheng Media Group is a China-based animation and digital entertainment company focused on the creation, production and distribution of original animated content and digital comics. The company develops proprietary intellectual property (IP) and oversees the full production cycle, from storyboarding and character design to animation, post-production and voice-over recording.

Baosheng Media partners with leading digital streaming platforms such as Tencent Video, iQiyi and Bilibili to deliver its animation series and serialized comics to audiences across mainland China.