Baiya International Group Inc. (NASDAQ:BIYA – Get Free Report) was the recipient of a large growth in short interest during the month of January. As of January 30th, there was short interest totaling 14,344 shares, a growth of 48.5% from the January 15th total of 9,660 shares. Based on an average daily trading volume, of 1,995,697 shares, the short-interest ratio is presently 0.0 days. Approximately 1.2% of the shares of the company are short sold. Approximately 1.2% of the shares of the company are short sold. Based on an average daily trading volume, of 1,995,697 shares, the short-interest ratio is presently 0.0 days.
Analysts Set New Price Targets
Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Baiya International Group in a research report on Monday, December 29th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has a consensus rating of “Sell”.
Read Our Latest Stock Analysis on Baiya International Group
Baiya International Group Stock Down 4.5%
Baiya International Group Company Profile
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.
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