Short Interest in Baosheng Media Group Holdings Limited (NASDAQ:BAOS) Rises By 225.8%

Baosheng Media Group Holdings Limited (NASDAQ:BAOS) was the target of a significant increase in short interest in December. As of December 15th, there was short interest totalling 21,500 shares, an increase of 225.8% from the November 30th total of 6,600 shares. Currently, 2.4% of the company’s stock are sold short. Based on an average daily volume of 927,800 shares, the short-interest ratio is currently 0.0 days.

Baosheng Media Group Stock Down 39.4 %

BAOS stock traded down $2.80 on Thursday, hitting $4.30. 1,777,176 shares of the company’s stock were exchanged, compared to its average volume of 271,276. The firm has a 50 day moving average price of $2.08 and a two-hundred day moving average price of $2.17. 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.