Short Interest in Baosheng Media Group Holdings Limited (NASDAQ:BAOS) Increases By 360.0%

Baosheng Media Group Holdings Limited (NASDAQ:BAOS) was the target of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 98,900 shares, a growth of 360.0% from the December 31st total of 21,500 shares. Based on an average daily trading volume, of 1,120,000 shares, the days-to-cover ratio is currently 0.1 days. Currently, 11.0% of the shares of the company are sold short.

Baosheng Media Group Price Performance

NASDAQ:BAOS traded down $0.06 during trading hours on Thursday, hitting $3.03. 19,428 shares of the company traded hands, compared to its average volume of 497,448. The firm has a 50-day moving average of $2.72 and a 200 day moving average of $2.40. Baosheng Media Group has a twelve month low of $1.44 and a twelve month high of $13.66.

About Baosheng Media Group

Baosheng Media Group Holdings Limited operates as an online marketing solution provider in the People's Republic of China. It connects advertisers, online media, and helping advertisers to manage their online marketing activities in various ways, including advising on advertising strategies, budget, and choice of advertising channels; procures ad inventory; offers ad optimization services; and administrates and fine-tunes the ad placement process.