Short Interest in Baiya International Group Inc. (NASDAQ:BIYA) Drops By 18.6%

Baiya International Group Inc. (NASDAQ:BIYA) was the recipient of a large drop in short interest in the month of March. As of March 31st, there was short interest totaling 23,013 shares, a drop of 18.6% from the March 15th total of 28,259 shares. Currently, 1.4% of the shares of the company are sold short. Based on an average trading volume of 78,981 shares, the days-to-cover ratio is currently 0.3 days.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Baiya International Group in a report on Friday, March 27th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Baiya International Group presently has a consensus rating of “Sell”.

Baiya International Group Stock Performance

Shares of NASDAQ:BIYA traded down $0.04 on Thursday, hitting $1.12. 23,944 shares of the company were exchanged, compared to its average volume of 591,334. The company’s 50 day moving average price is $1.73 and its two-hundred day moving average price is $5.51. Baiya International Group has a one year low of $0.89 and a one year high of $151.50.

About Baiya International Group

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.