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

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

Baosheng Media Group Stock Performance

NASDAQ BAOS traded down $0.55 during trading on Monday, hitting $2.85. 75,493 shares of the stock traded hands, compared to its average volume of 1,207,695. The firm has a 50-day simple moving average of $2.40 and a 200-day simple moving average of $2.29. Baosheng Media Group has a 12-month low of $1.44 and a 12-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.