Baosheng Media Group Holdings Limited (NASDAQ:BAOS) Short Interest Up 360.0% in December

Baosheng Media Group Holdings Limited (NASDAQ:BAOS) was the recipient of a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 98,900 shares, an increase of 360.0% from the December 15th total of 21,500 shares. Currently, 11.0% of the company’s shares are short sold. Based on an average daily volume of 1,120,000 shares, the short-interest ratio is presently 0.1 days.

Baosheng Media Group Trading Up 2.1 %

Shares of BAOS traded up $0.06 during mid-day trading on Wednesday, reaching $2.91. 97,063 shares of the company’s stock traded hands, compared to its average volume of 963,437. Baosheng Media Group has a 12 month low of $1.44 and a 12 month high of $13.66. The stock’s 50-day moving average is $2.44 and its two-hundred day moving average is $2.30.

About Baosheng Media Group

Baosheng Media Group Holdings Limited operates as an online marketing solution provider in the People's Republic of China. It connects advertisers, online media, and helping advertisers to manage their online marketing activities in various ways, including advising on advertising strategies, budget, and choice of advertising channels; procures ad inventory; offers ad optimization services; and administrates and fine-tunes the ad placement process.