Baosheng Media Group Holdings Limited (NASDAQ:BAOS) Sees Large Drop in Short Interest

Baosheng Media Group Holdings Limited (NASDAQ:BAOS) saw a significant decline in short interest in the month of November. As of November 30th, there was short interest totalling 6,600 shares, a decline of 25.0% from the November 15th total of 8,800 shares. Approximately 0.7% of the shares of the company are sold short. Based on an average daily trading volume, of 22,000 shares, the short-interest ratio is presently 0.3 days.

Baosheng Media Group Trading Down 5.5 %

NASDAQ BAOS traded down $0.09 during trading hours on Friday, hitting $1.55. 25,257 shares of the stock were exchanged, compared to its average volume of 24,692. The stock has a 50-day moving average of $2.02 and a 200 day moving average of $2.17. Baosheng Media Group has a 12-month low of $1.44 and a 12-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.