Short Interest in Baosheng Media Group Holdings Limited (NASDAQ:BAOS) Decreases By 63.2%

Baosheng Media Group Holdings Limited (NASDAQ:BAOS) was the target of a large decline in short interest in February. As of February 15th, there was short interest totalling 23,100 shares, a decline of 63.2% from the January 31st total of 62,800 shares. Approximately 2.6% of the shares of the company are sold short. Based on an average daily volume of 1,240,000 shares, the days-to-cover ratio is currently 0.0 days.

Baosheng Media Group Price Performance

NASDAQ BAOS opened at $2.58 on Friday. The firm has a 50-day moving average price of $3.39 and a two-hundred day moving average price of $2.55. Baosheng Media Group has a 12-month low of $1.44 and a 12-month high of $13.66.

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.