Short Interest in Baiya International Group Inc. (NASDAQ:BIYA) Decreases By 56.1%

Baiya International Group Inc. (NASDAQ:BIYA) was the target of a significant drop in short interest in August. As of August 14th, there was short interest totaling 69,175 shares, a drop of 56.1% from the July 30th total of 157,457 shares. Based on an average daily trading volume, of 467,333 shares, the days-to-cover ratio is presently 0.1 days. Currently, 2.6% of the company’s stock are sold short.

Baiya International Group Price Performance

Shares of BIYA stock traded down $0.13 during trading hours on Friday, reaching $2.23. 30,125 shares of the company were exchanged, compared to its average volume of 340,910. Baiya International Group has a fifty-two week low of $1.91 and a fifty-two week high of $187.50. The stock’s fifty day moving average is $3.53 and its two-hundred day moving average is $9.97.

Analyst Ratings Changes

A number of analysts have recently weighed in on BIYA shares. Weiss Ratings reissued a “sell (e+)” rating on shares of Baiya International Group in a research report on Wednesday, June 24th. Wall Street Zen upgraded shares of Baiya International Group from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 15th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock 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.