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

Baosheng Media Group Holdings Limited (NASDAQ:BAOS) was the recipient of a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 42,812 shares, a decline of 34.9% from the May 31st total of 65,728 shares. Currently, 3.6% of the company’s stock are short sold. Based on an average daily volume of 341,307 shares, the days-to-cover ratio is presently 0.1 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Baosheng Media Group in a research report on Monday, April 20th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, Baosheng Media Group currently has a consensus rating of “Sell”.

Baosheng Media Group Stock Down 0.4%

NASDAQ BAOS opened at $2.64 on Friday. The company has a 50-day moving average price of $2.79 and a 200-day moving average price of $2.77. Baosheng Media Group has a 52 week low of $1.98 and a 52 week high of $5.40.

Baosheng Media Group (NASDAQ:BAOS) last posted its quarterly earnings data on Friday, May 1st. The company reported ($2.56) earnings per share (EPS) for the quarter. The company had revenue of $0.14 million for 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.