Baiya International Group Inc. (NASDAQ:BIYA) Sees Large Increase in Short Interest

Baiya International Group Inc. (NASDAQ:BIYA) was the target of a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 45,743 shares, an increase of 218.9% from the January 29th total of 14,344 shares. Based on an average daily trading volume, of 35,822 shares, the days-to-cover ratio is currently 1.3 days. Currently, 3.8% of the company’s stock are short sold. Currently, 3.8% of the company’s stock are short sold. Based on an average daily trading volume, of 35,822 shares, the days-to-cover ratio is currently 1.3 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Baiya International Group in a report on Monday, December 29th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Baiya International Group Trading Up 1.9%

Shares of Baiya International Group stock traded up $0.03 during trading hours on Friday, hitting $1.63. 10,168 shares of the company’s stock traded hands, compared to its average volume of 760,122. Baiya International Group has a 12-month low of $1.50 and a 12-month high of $200.00. The company has a fifty day simple moving average of $3.79 and a 200-day simple moving average of $8.67.

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.