Baosheng Media Group Holdings Limited (NASDAQ:BAOS) Short Interest Down 5.5% in October

Baosheng Media Group Holdings Limited (NASDAQ:BAOS) saw a significant drop in short interest in the month of October. As of October 31st, there was short interest totalling 5,200 shares, a drop of 5.5% from the October 15th total of 5,500 shares. Approximately 0.6% of the company’s shares are sold short. Based on an average daily volume of 12,300 shares, the short-interest ratio is presently 0.4 days.

Baosheng Media Group Price Performance

Shares of NASDAQ BAOS opened at $1.76 on Tuesday. Baosheng Media Group has a twelve month low of $1.61 and a twelve month high of $6.79. The company’s fifty day moving average is $2.24 and its 200-day moving average is $2.36.

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.