Short Interest in Baiya International Group Inc. (NASDAQ:BIYA) Decreases By 87.4%

Baiya International Group Inc. (NASDAQ:BIYA) was the target of a large decrease in short interest in May. As of May 29th, there was short interest totaling 82,542 shares, a decrease of 87.4% from the May 14th total of 652,736 shares. Currently, 5.1% of the company’s stock are short sold. Based on an average trading volume of 14,264,855 shares, the days-to-cover ratio is presently 0.0 days.

Baiya International Group Stock Performance

NASDAQ BIYA opened at $0.89 on Wednesday. Baiya International Group has a one year low of $0.61 and a one year high of $73.25. The firm’s fifty day moving average is $1.12 and its two-hundred day moving average is $2.87.

Baiya International Group (NASDAQ:BIYA) last posted its quarterly earnings data on Thursday, April 30th. The company reported $2.29 EPS for the quarter. The company had revenue of $4.61 million for the quarter.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Wall Street Zen cut Baiya International Group to a “strong sell” rating in a research report on Saturday, May 16th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Baiya International Group in a research report on Friday, March 27th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently 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.