Short Interest in Baosheng Media Group Holdings Limited (NASDAQ:BAOS) Rises By 69.2%

Baosheng Media Group Holdings Limited (NASDAQ:BAOS) saw a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 8,800 shares, a growth of 69.2% from the October 31st total of 5,200 shares. Currently, 1.0% of the company’s stock are sold short. Based on an average daily volume of 13,100 shares, the short-interest ratio is presently 0.7 days.

Baosheng Media Group Price Performance

BAOS traded up $0.06 on Friday, hitting $1.92. The company had a trading volume of 1,479 shares, compared to its average volume of 22,801. The stock has a fifty day moving average price of $2.19 and a 200-day moving average price of $2.28. Baosheng Media Group has a 12-month low of $1.61 and a 12-month high of $6.79.

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.