BAIYU Holdings, Inc. (NASDAQ:BYU – Get Free Report) saw a significant growth in short interest during the month of June. As of June 30th, there was short interest totalling 3,800 shares, a growth of 1,166.7% from the June 15th total of 300 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 20,600 shares, the days-to-cover ratio is currently 0.2 days.
BAIYU Price Performance
BYU opened at $1.17 on Friday. BAIYU has a 1 year low of $1.04 and a 1 year high of $57.00. The firm has a 50 day moving average price of $1.18 and a 200 day moving average price of $1.31.
BAIYU (NASDAQ:BYU – Get Free Report) last posted its earnings results on Friday, May 10th. The company reported $0.17 earnings per share for the quarter. BAIYU had a net margin of 0.33% and a return on equity of 0.12%. The business had revenue of $28.09 million for the quarter.
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.
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