Baiya International Group Inc. (NASDAQ:BIYA) Short Interest Up 94.9% in March

Baiya International Group Inc. (NASDAQ:BIYA) saw a large increase in short interest in the month of March. As of March 13th, there was short interest totaling 28,259 shares, an increase of 94.9% from the February 26th total of 14,496 shares. Currently, 2.3% of the company’s shares are short sold. Based on an average daily trading volume, of 1,113,370 shares, the days-to-cover ratio is currently 0.0 days.

Baiya International Group Stock Performance

Shares of BIYA stock traded down $0.07 during trading on Friday, reaching $1.42. 27,757 shares of the company’s stock traded hands, compared to its average volume of 707,811. The firm’s 50-day moving average is $2.67 and its 200 day moving average is $6.92. Baiya International Group has a 1 year low of $1.20 and a 1 year high of $200.00.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Baiya International Group in a report on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has a consensus rating of “Sell”.

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.