Baosheng Media Group Holdings Limited (NASDAQ:BAOS) Short Interest Update

Baosheng Media Group Holdings Limited (NASDAQ:BAOS) saw a large growth in short interest in July. As of July 31st, there was short interest totaling 54,697 shares, a growth of 110.3% from the July 15th total of 26,004 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 159,627 shares, the short-interest ratio is currently 0.3 days.

Baosheng Media Group Price Performance

Shares of NASDAQ:BAOS traded down $0.10 during trading on Friday, hitting $0.50. 3,732,363 shares of the stock were exchanged, compared to its average volume of 5,888,842. The company has a fifty day moving average price of $1.99 and a two-hundred day moving average price of $2.47. Baosheng Media Group has a 12-month low of $0.42 and a 12-month high of $5.40.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Baosheng Media Group in a report on Friday, July 17th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Baosheng Media Group presently has an average rating of “Sell”.

About Baosheng Media Group

Baosheng Media Group is a China-based animation and digital entertainment company focused on the creation, production and distribution of original animated content and digital comics. The company develops proprietary intellectual property (IP) and oversees the full production cycle, from storyboarding and character design to animation, post-production and voice-over recording.

Baosheng Media partners with leading digital streaming platforms such as Tencent Video, iQiyi and Bilibili to deliver its animation series and serialized comics to audiences across mainland China.