Short Interest in Baosheng Media Group Holdings Limited (NASDAQ:BAOS) Declines By 12.9%

Baosheng Media Group Holdings Limited (NASDAQ:BAOS) saw a significant decrease in short interest in the month of August. As of August 15th, there was short interest totalling 8,100 shares, a decrease of 12.9% from the July 31st total of 9,300 shares. Based on an average daily volume of 12,900 shares, the short-interest ratio is presently 0.6 days. Approximately 0.9% of the shares of the company are short sold.

Baosheng Media Group Price Performance

BAOS traded down $0.14 on Monday, hitting $2.29. 4,700 shares of the company’s stock were exchanged, compared to its average volume of 26,222. The stock has a fifty day moving average of $2.13 and a two-hundred day moving average of $2.84. Baosheng Media Group has a twelve month low of $1.61 and a twelve month 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.