In a filing, Baosheng Media Group Holdings Ltd revealed its 10% Owner PBCY Investment Ltd acquired Company’s shares for reported $0.25 million on Oct 09 ’24. In the deal valued at $3.03 per share,83,075 shares were bought.
Price Performance Review of BAOS
On Friday, Baosheng Media Group Holdings Ltd [NASDAQ:BAOS] saw its stock jump 19.03% to $3.69. Over the last five days, the stock has gained 10.15%. Baosheng Media Group Holdings Ltd shares have risen nearly 44.14% since the year began. Nevertheless, the stocks have risen 7.58% over the past one year. While a 52-week high of $13.66 was reached on 01/31/25, a 52-week low of $1.44 was recorded on 01/03/25. SMA at 50 days reached $2.59, while 200 days put it at $2.50.
Levels Of Support And Resistance For BAOS Stock
The 24-hour chart illustrates a support level at 2.48, which if violated will result in even more drops to 1.26. On the upside, there is a resistance level at 5.43. A further resistance level may holdings at 7.16. The Relative Strength Index (RSI) on the 14-day chart is 56.78, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.13, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 67.26%. Stochastics %K at 36.43% indicates the stock is a holding.
How much short interest is there in Baosheng Media Group Holdings Ltd?
A steep rise in short interest was recorded in Baosheng Media Group Holdings Ltd stocks on 2025-01-15, growing by 92738.0 shares to a total of 0.11 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 21468.0 shares. There was a rise of 81.2%, which implies that there is a positive sentiment for the stock.
