Short Interest in Baosheng Media Group Holdings Limited (NASDAQ:BAOS) Drops By 25.0%

Baosheng Media Group Holdings Limited (NASDAQ:BAOS) was the recipient of a large drop in short interest during the month of November. As of November 30th, there was short interest totalling 6,600 shares, a drop of 25.0% from the November 15th total of 8,800 shares. Approximately 0.7% of the shares of the company are sold short. Based on an average trading volume of 22,000 shares, the days-to-cover ratio is presently 0.3 days.

Baosheng Media Group Trading Down 5.5 %

NASDAQ:BAOS traded down $0.09 on Friday, hitting $1.55. The stock had a trading volume of 25,161 shares, compared to its average volume of 24,692. The business’s 50-day simple moving average is $2.02 and its two-hundred day simple moving average is $2.17. Baosheng Media Group has a 52-week low of $1.44 and a 52-week high of $6.79.

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.