Baosheng Media Group Holdings Limited (NASDAQ:BAOS) Short Interest Up 87.2% in September

Baosheng Media Group Holdings Limited (NASDAQ:BAOS) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totalling 8,800 shares, an increase of 87.2% from the September 15th total of 4,700 shares. Currently, 1.0% of the company’s shares are sold short. Based on an average daily trading volume, of 15,600 shares, the days-to-cover ratio is presently 0.6 days.

Baosheng Media Group Price Performance

Shares of BAOS traded up $0.20 during mid-day trading on Friday, hitting $2.51. 4,761 shares of the company’s stock traded hands, compared to its average volume of 24,955. The business’s 50-day moving average price is $2.32 and its 200-day moving average price is $2.58. Baosheng Media Group has a 1 year low of $1.61 and a 1 year high of $6.79.

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.