Baiya International Group Inc. (NASDAQ:BIYA) Shares Shorted: Short Interest Up 172.3% in September

Baiya International Group Inc. (NASDAQ:BIYA – Get Free Report) was the target of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 169,695 shares, a growth of 172.3% from the September 15th total of 62,330 shares. Based on an average daily volume of 1,307,736 shares, the short-interest ratio is currently 0.1 days. Approximately 6.3% of the shares of the company are sold short.

Baiya International Group Stock Performance

Shares of BIYA traded down $0.18 during mid-day trading on Monday, reaching $1.65. The stock had a trading volume of 237,821 shares, compared to its average volume of 2,674,665. Baiya International Group has a 12 month low of $1.30 and a 12 month high of $167.97. The business has a fifty day moving average of $2.26 and a 200 day moving average of $6.41.

Baiya International Group (NASDAQ:BIYA – Get Free Report) last announced its quarterly earnings data on Wednesday, September 30th. The company reported ($0.27) earnings per share (EPS) for the quarter. The firm had revenue of $0.38 million for the quarter.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. Wall Street Zen raised Baiya International Group from a “strong sell” rating to a “sell” rating in a research note on Saturday, October 3rd. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Baiya International Group in a research report on Monday, September 21st. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Check Out Our Latest Stock Analysis on BIYA

About Baiya International Group

(Get Free Report)

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.

Further Reading

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