Short Interest in Baiya International Group Inc. (NASDAQ:BIYA) Expands By 94.9%

Baiya International Group Inc. (NASDAQ:BIYA) was the target of a large increase in short interest in March. As of March 13th, there was short interest totaling 28,259 shares, an increase of 94.9% from the February 26th total of 14,496 shares. Currently, 2.3% of the company’s shares are short sold. Based on an average trading volume of 1,113,370 shares, the days-to-cover ratio is currently 0.0 days.

Baiya International Group Price Performance

NASDAQ:BIYA opened at $1.45 on Thursday. The business’s fifty day moving average price is $2.73 and its 200 day moving average price is $6.95. Baiya International Group has a 1-year low of $1.20 and a 1-year high of $200.00.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Baiya International Group in a research note on Monday, December 29th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

About Baiya International Group

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.