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

Baosheng Media Group Holdings Limited (NASDAQ:BAOS) was the recipient of a large drop in short interest during the month of February. As of February 15th, there was short interest totalling 23,100 shares, a drop of 63.2% from the January 31st total of 62,800 shares. Approximately 2.6% of the company’s shares are sold short. Based on an average daily volume of 1,240,000 shares, the days-to-cover ratio is presently 0.0 days.

Baosheng Media Group Stock Performance

Shares of NASDAQ BAOS opened at $2.66 on Friday. The company’s 50 day moving average price is $3.37 and its 200-day moving average price is $2.55. Baosheng Media Group has a 52-week low of $1.44 and a 52-week high of $13.66.

Baosheng Media Group Company Profile

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.