Baosheng Media Group Holdings Limited (NASDAQ:BAOS) Sees Large Increase in Short Interest

Baosheng Media Group Holdings Limited (NASDAQ:BAOS) was the recipient of a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 8,800 shares, an increase of 69.2% from the October 31st total of 5,200 shares. Based on an average daily volume of 13,100 shares, the days-to-cover ratio is presently 0.7 days. Currently, 1.0% of the shares of the company are sold short.

Baosheng Media Group Stock Down 1.1 %

BAOS traded down $0.02 during trading on Thursday, reaching $1.86. 9,278 shares of the company’s stock were exchanged, compared to its average volume of 22,896. Baosheng Media Group has a fifty-two week low of $1.61 and a fifty-two week high of $6.79. The business has a 50 day moving average price of $2.20 and a 200 day moving average price of $2.30.

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.