BAIYU Holdings, Inc. (NASDAQ:BYU) Short Interest Update

BAIYU Holdings, Inc. (NASDAQ:BYU) was the target of a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 43,900 shares, a growth of 619.7% from the February 29th total of 6,100 shares. Approximately 0.6% of the shares of the stock are short sold. Based on an average trading volume of 95,700 shares, the short-interest ratio is currently 0.5 days.

BAIYU Trading Up 8.9 %

Shares of NASDAQ BYU opened at $1.47 on Friday. BAIYU has a one year low of $1.11 and a one year high of $57.00. The company’s 50 day simple moving average is $1.43.

About BAIYU

BAIYU Holdings, Inc engages in commodities trading and supply chain service businesses in the People's Republic of China. The company's commodity trading business engages in purchasing non-ferrous metal products, such as aluminum ingots, copper, silver, and gold from upstream metal and mineral suppliers and then selling to downstream customers.