BAIYU Holdings, Inc. (NASDAQ:BYU – Get Free Report) was the target of a large growth in short interest in September. As of September 15th, there was short interest totalling 1,210,000 shares, a growth of 128.4% from the August 31st total of 529,700 shares. Based on an average trading volume of 667,100 shares, the days-to-cover ratio is presently 1.8 days. Approximately 6.4% of the company’s stock are short sold.
BAIYU Price Performance
Shares of NASDAQ:BYU remained flat at $1.01 during mid-day trading on Friday. The company’s 50 day moving average is $1.89 and its 200-day moving average is $1.45. BAIYU has a 12-month low of $0.97 and a 12-month high of $10.33. The stock has a market cap of $20.14 million, a PE ratio of -1.98 and a beta of 0.54.
BAIYU (NASDAQ:BYU – Get Free Report) last posted its quarterly earnings data on Monday, August 12th. The company reported $0.08 earnings per share (EPS) for the quarter. The company had revenue of $26.46 million for the quarter. BAIYU had a net margin of 6.53% and a return on equity of 2.05%.
About BAIYU
BAIYU Holdings, Inc engages in commodities trading and supply chain service businesses in the People’s Republic of China. The company’s commodity trading business engages in purchasing non-ferrous metal products, such as aluminum ingots, copper, silver, and gold from upstream metal and mineral suppliers and then selling to downstream customers.
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