Short Interest in Baijiayun Group Ltd (NASDAQ:RTC) Drops By 29.0%

Baijiayun Group Ltd (NASDAQ:RTC) was the target of a large drop in short interest during the month of April. As of April 15th, there was short interest totalling 200,300 shares, a drop of 29.0% from the March 31st total of 282,300 shares. Approximately 0.7% of the shares of the company are sold short. Based on an average daily volume of 488,500 shares, the days-to-cover ratio is currently 0.4 days.

Baijiayun Group Trading Up 1.5 %

Baijiayun Group stock traded up $0.02 during mid-day trading on Friday, hitting $1.34. 106,576 shares of the company’s stock traded hands, compared to its average volume of 98,388. The firm has a 50 day simple moving average of $0.96 and a two-hundred day simple moving average of $1.86. Baijiayun Group has a fifty-two week low of $0.59 and a fifty-two week high of $9.50.

About Baijiayun Group

Baijiayun Group Ltd engages in the video-centric technology solution business in China. Its solutions include video-centric SaaS/PaaS solutions, including live streaming solution, VoD solution, and real-time communications solution for education, finance, medical services, automotive, and IT industries; video-centric cloud related solutions, such as online school, video conferencing, and enterprise training solutions for educational institutions, IT, finance, media and advertising, and e-commerce industries; and video-centric industry AI solutions for education, retail, public affairs, and industrial manufacturing industries.