Baosheng Media Group Short Interest Ratio and Short Volume

Short interest is the volume of Baosheng Media Group shares that have been sold short but have not yet been closed out or covered. As of August 31st, traders have sold 7,900 shares of BAOS short. 0.10% of Baosheng Media Group's shares are currently sold short. Learn More on Baosheng Media Group's current short interest.

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 0.10% of Baosheng Media Group's floating shares are currently sold short.

Baosheng Media Group saw a decrease in short interest in August. As of August 31st, there was short interest totaling 7,900 shares, a decrease of 94.3% from the previous total of 137,800 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Baosheng Media Group currently has issued a total of 29,260,000 shares. Some of Baosheng Media Group's outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market. Baosheng Media Group currently has a public float of 8,060,000 shares.

0.10% of Baosheng Media Group's shares are currently sold short. Here is how the short interest of companies in the industry of "business services, not elsewhere classified" compare to Baosheng Media Group: DHI Group, Inc. (0.17%), Diginex Limited (3.99%), Net Savings Link, Inc. (0.00%), Future FinTech Group Inc. (11.93%), PaySign, Inc. (2.24%), Quhuo Limited (0.00%), Augmedix, Inc. (0.00%), Marchex, Inc. (2.08%), ServiceSource International, Inc. (0.55%), and Steel Connect, Inc. (0.52%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Square, Inc. ($9.81 billion), S&P Global Inc. ($7.52 billion), Advanced Micro Devices, Inc. ($7.18 billion), Charter Communications, Inc. ($6.21 billion), Wayfair Inc. ($4.60 billion), Zoom Video Communications, Inc. ($3.23 billion), Uber Technologies, Inc. ($3.11 billion), Palo Alto Networks, Inc. ($2.74 billion), Teladoc Health, Inc. ($2.52 billion), and Etsy, Inc. ($2.16 billion). View all of the most shorted stocks.

Short selling BAOS is an investing strategy that aims to generate trading profit from Baosheng Media Group as its price is falling. Baosheng Media Group's stock is trading down $0.03 today. To short Baosheng Media Group stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that Baosheng Media Group will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for Baosheng Media Group occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of BAOS, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including BAOS, twice per month. The most recent reporting period available is August, 31 2021.