Baiya International Group Inc. (NASDAQ:BIYA – Get Free Report) was the recipient of a significant growth in short interest in June. As of June 30th, there was short interest totaling 111,163 shares, a growth of 216.9% from the June 15th total of 35,081 shares. Based on an average daily trading volume, of 41,219,591 shares, the short-interest ratio is currently 0.0 days. Currently, 6.9% of the shares of the stock are short sold.
Wall Street Analysts Forecast Growth
Several research analysts have recently issued reports on the stock. Weiss Ratings reiterated a “sell (e+)” rating on shares of Baiya International Group in a report on Wednesday, June 24th. Wall Street Zen upgraded Baiya International Group from a “strong sell” rating to a “sell” rating in a research report on Saturday, June 13th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has a consensus rating of “Sell”.
View Our Latest Stock Report on BIYA
Baiya International Group Trading Down 9.9%
Baiya International Group (NASDAQ:BIYA – Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The company reported $22.93 EPS for the quarter. The firm had revenue of $4.61 million during 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.
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