Short Interest in Baijiayun Group Ltd (NASDAQ:RTC) Decreases By 78.4%

by · The Cerbat Gem

Baijiayun Group Ltd (NASDAQ:RTC – Get Free Report) was the target of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totalling 3,500 shares, a decrease of 78.4% from the September 15th total of 16,200 shares. Based on an average trading volume of 28,400 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are sold short.

Baijiayun Group Trading Down 4.5 %

Shares of NASDAQ RTC traded down $0.36 during mid-day trading on Thursday, reaching $7.66. The company had a trading volume of 12,836 shares, compared to its average volume of 54,634. Baijiayun Group has a twelve month low of $2.47 and a twelve month high of $40.00. The stock’s 50 day moving average is $7.80 and its 200-day moving average is $6.24.

Baijiayun Group Company Profile

(Get Free Report)

Baijiayun Group Ltd engages in the video-centric technology solution business in China. Its solutions include video-centric SaaS/PaaS solutions, including live streaming solution, VoD solution, and real-time communications solution for education, finance, medical services, automotive, and IT industries; video-centric cloud related solutions, such as online school, video conferencing, and enterprise training solutions for educational institutions, IT, finance, media and advertising, and e-commerce industries; and video-centric industry AI solutions for education, retail, public affairs, and industrial manufacturing industries.

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