Short Interest in Baosheng Media Group Holdings Limited (NASDAQ:BAOS) Expands By 39.0%

Baosheng Media Group Holdings Limited (NASDAQ:BAOS) saw a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 19,138 shares, a growth of 39.0% from the January 15th total of 13,769 shares. Based on an average daily trading volume, of 56,836 shares, the short-interest ratio is presently 0.3 days. Based on an average daily trading volume, of 56,836 shares, the short-interest ratio is presently 0.3 days.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Baosheng Media Group in a report on Wednesday, January 21st. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

Baosheng Media Group Price Performance

Shares of NASDAQ:BAOS opened at $2.70 on Tuesday. The firm has a 50 day moving average of $2.93 and a 200 day moving average of $3.01. Baosheng Media Group has a 52 week low of $1.52 and a 52 week high of $8.30.

Baosheng Media Group (NASDAQ:BAOS) last announced its earnings results on Friday, November 28th. The company reported ($1.36) earnings per share (EPS) for the quarter. The business had revenue of $0.14 million during the quarter.

Baosheng Media Group Company Profile

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.