Baiya International Group Inc. (NASDAQ:BIYA) Short Interest Up 76.5% in May

Baiya International Group Inc. (NASDAQ:BIYA) was the recipient of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 652,736 shares, a growth of 76.5% from the April 30th total of 369,889 shares. Currently, 40.5% of the company’s stock are short sold. Based on an average daily trading volume, of 7,816,998 shares, the short-interest ratio is currently 0.1 days.

Analysts Set New Price Targets

A number of research firms recently weighed in on BIYA. Wall Street Zen cut Baiya International Group to a “strong sell” rating in a report on Saturday, May 16th. Weiss Ratings reissued a “sell (e+)” rating on shares of Baiya International Group in a research report on Friday, March 27th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, Baiya International Group has a consensus rating of “Sell”.

Baiya International Group Stock Up 1.2%

NASDAQ:BIYA traded up $0.01 during mid-day trading on Tuesday, reaching $0.93. The stock had a trading volume of 628,562 shares, compared to its average volume of 10,822,677. Baiya International Group has a 1-year low of $0.61 and a 1-year high of $150.00. The stock’s 50 day simple moving average is $1.19 and its two-hundred day simple moving average is $3.18.

Baiya International Group (NASDAQ:BIYA) last announced its earnings results on Thursday, April 30th. The company reported $2.29 EPS for the quarter. The firm had revenue of $4.61 million for the quarter.

Baiya International Group Company Profile

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.