Baiya International Group Inc. (NASDAQ:BIYA) Short Interest Down 57.5% in June

Baiya International Group Inc. (NASDAQ:BIYA) saw a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 35,081 shares, a drop of 57.5% from the May 31st total of 82,542 shares. Approximately 2.2% of the company’s shares are short sold. Based on an average daily volume of 4,246,268 shares, the days-to-cover ratio is currently 0.0 days.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. Weiss Ratings restated a “sell (e+)” rating on shares of Baiya International Group in a report on Wednesday. Wall Street Zen upgraded shares of Baiya International Group from a “strong sell” rating to a “sell” rating in a research report on Saturday, June 13th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has a consensus rating of “Sell”.

Baiya International Group Stock Performance

Shares of BIYA stock traded down $0.05 on Monday, reaching $0.28. The company had a trading volume of 924,512 shares, compared to its average volume of 4,946,638. The company has a 50-day moving average of $0.93 and a 200-day moving average of $2.31. Baiya International Group has a 12 month low of $0.28 and a 12 month high of $24.70.

Baiya International Group (NASDAQ:BIYA) last issued its earnings results on Thursday, April 30th. The company reported $2.29 EPS for the quarter. The firm had revenue of $4.61 million during the quarter.

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.