Baiya International Group Inc. (NASDAQ:BIYA) Short Interest Update

Baiya International Group Inc. (NASDAQ:BIYA) saw a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 82,542 shares, a decline of 87.4% from the May 14th total of 652,736 shares. Approximately 5.1% of the company’s shares are sold short. Based on an average trading volume of 14,264,855 shares, the short-interest ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on BIYA shares. Weiss Ratings reiterated a “sell (e+)” rating on shares of Baiya International Group in a report on Friday, March 27th. Wall Street Zen cut shares of Baiya International Group to a “strong sell” rating in a research report on Saturday, May 16th. 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”.

Baiya International Group Trading Down 16.5%

BIYA opened at $1.01 on Friday. The company’s 50-day moving average price is $1.11 and its 200 day moving average price is $2.79. Baiya International Group has a fifty-two week low of $0.61 and a fifty-two week high of $38.75.

Baiya International Group (NASDAQ:BIYA) last released its quarterly earnings results on Thursday, April 30th. The company reported $2.29 earnings per share for the quarter. The business had revenue of $4.61 million for the quarter.

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.