Baiya International Group Inc. (NASDAQ:BIYA) Short Interest Update

Baiya International Group Inc. (NASDAQ:BIYA) was the recipient of a significant increase in short interest during the month of 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 daily trading volume, of 20,440,624 shares, the days-to-cover ratio is currently 0.0 days. Currently, 5.8% of the shares of the company are short sold.

Analyst Upgrades and Downgrades

Several analysts have commented on BIYA shares. Wall Street Zen raised Baiya International Group from a “strong sell” rating to a “sell” rating in a research note on Saturday. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Baiya International Group in a research report on Wednesday, June 24th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has an average rating of “Sell”.

Baiya International Group Stock Performance

BIYA traded down $0.06 during trading on Tuesday, hitting $2.57. The stock had a trading volume of 55,421 shares, compared to its average volume of 2,363,224. Baiya International Group has a twelve month low of $1.91 and a twelve month high of $190.00. The company’s 50-day moving average price is $4.35 and its 200 day moving average price is $11.98.

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.