Baiya International Group Inc. (NASDAQ:BIYA) Sees Significant Increase in Short Interest

Baiya International Group Inc. (NASDAQ:BIYA) was the recipient of a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 369,889 shares, a growth of 8,454.3% from the April 15th total of 4,324 shares. Approximately 23.0% of the company’s shares are short sold. Based on an average trading volume of 25,287,154 shares, the short-interest ratio is currently 0.0 days.

Baiya International Group Stock Performance

Shares of NASDAQ:BIYA traded down $0.14 during midday trading on Monday, hitting $0.90. 538,008 shares of the company’s stock traded hands, compared to its average volume of 4,120,931. The firm’s fifty day moving average price is $1.39 and its two-hundred day moving average price is $4.18. Baiya International Group has a twelve month low of $0.76 and a twelve month high of $151.50.

Baiya International Group (NASDAQ:BIYA) last posted its earnings results on Thursday, April 30th. The company reported $2.29 earnings per share for the quarter. The business had revenue of $4.61 million for the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Baiya International Group in a report on Friday, March 27th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has an average rating of “Sell”.

Baiya International Group Company Profile

We, Baiya International Group Inc (“Baiya”), are an offshore holding company incorporated in the Cayman Islands. We are not a Chinese operating company, but an offshore holding company incorporated in the Cayman Islands. As a holding company, we have no material operations and conduct all of our operations in China through the VIE, Shenzhen Gongwuyuan Network Technology Co, Ltd. (“Gongwuyuan”), and its subsidiaries, collectively, “PRC operating entities”. We entered into a series of Contractual Arrangements with the VIE and certain shareholders of Gongwuyuan, and this structure involves unique risks to investors.