Short Interest in Baiya International Group Inc. (NASDAQ:BIYA) Increases By 74.9%

Baiya International Group Inc. (NASDAQ:BIYA) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totaling 157,457 shares, an increase of 74.9% from the July 15th total of 90,018 shares. Based on an average trading volume of 20,440,624 shares, the days-to-cover ratio is presently 0.0 days. Currently, 5.8% of the company’s stock are sold short.

Baiya International Group Price Performance

Shares of BIYA traded down $0.09 during midday trading on Monday, hitting $2.56. The company had a trading volume of 73,711 shares, compared to its average volume of 2,377,734. The company’s 50 day moving average price is $4.46 and its 200 day moving average price is $12.25. Baiya International Group has a 52 week low of $1.91 and a 52 week high of $190.00.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Wall Street Zen upgraded Baiya International Group from a “strong sell” rating to a “sell” rating in a research note on Saturday. Weiss Ratings reiterated a “sell (e+)” rating on shares of Baiya International Group in a research note on Wednesday, June 24th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently 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.