BAIYU Holdings, Inc. (NASDAQ:BYU) Short Interest Update

BAIYU Holdings, Inc. (NASDAQ:BYU) was the target of a large increase in short interest in March. As of March 15th, there was short interest totalling 43,900 shares, an increase of 619.7% from the February 29th total of 6,100 shares. Based on an average daily trading volume, of 95,700 shares, the short-interest ratio is currently 0.5 days. Approximately 0.6% of the shares of the company are sold short.

BAIYU Trading Up 8.9 %

BAIYU stock opened at $1.47 on Friday. BAIYU has a 1-year low of $1.11 and a 1-year high of $57.00. The company has a 50 day simple moving average of $1.43.

BAIYU Company Profile

BAIYU Holdings, Inc engages in commodities trading and supply chain service businesses in the People's Republic of China. The company's commodity trading business engages in purchasing non-ferrous metal products, such as aluminum ingots, copper, silver, and gold from upstream metal and mineral suppliers and then selling to downstream customers.