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

Baosheng Media Group Holdings Limited (NASDAQ:BAOS) was the recipient of 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. Based on an average daily volume of 13,100 shares, the short-interest ratio is currently 0.7 days. Currently, 1.0% of the shares of the company are sold short.

Baosheng Media Group Stock Up 3.2 %

Baosheng Media Group stock traded up $0.06 during midday trading on Friday, reaching $1.92. 1,459 shares of the company traded hands, compared to its average volume of 22,801. Baosheng Media Group has a 12 month low of $1.61 and a 12 month high of $6.79. The business has a 50 day moving average of $2.19 and a two-hundred day moving average of $2.29.

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.