Baijiayun Group Ltd (NASDAQ:RTC) Sees Significant Increase in Short Interest

Posted by Patrick Bannon on Mar 12th, 2025

Baijiayun Group Ltd (NASDAQ:RTC – Get Free Report) saw a significant increase in short interest in February. As of February 28th, there was short interest totalling 872,600 shares, an increase of 358.3% from the February 13th total of 190,400 shares. Currently, 8.7% of the company’s stock are short sold. Based on an average daily volume of 1,470,000 shares, the short-interest ratio is presently 0.6 days.

Baijiayun Group Stock Up 4.2 %

Shares of RTC stock traded up $0.01 on Wednesday, hitting $0.34. 501,741 shares of the stock were exchanged, compared to its average volume of 2,038,550. Baijiayun Group has a fifty-two week low of $0.31 and a fifty-two week high of $9.69. The business has a 50-day moving average of $1.22 and a 200 day moving average of $5.22.

Hedge Funds Weigh In On Baijiayun Group

An institutional investor recently bought a new position in Baijiayun Group stock. Garden State Investment Advisory Services LLC acquired a new position in Baijiayun Group Ltd (NASDAQ:RTC – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 76,178 shares of the company’s stock, valued at approximately $629,000. Garden State Investment Advisory Services LLC owned approximately 0.39% of Baijiayun Group as of its most recent SEC filing. 3.35% of the stock is owned by hedge funds and other institutional investors.

About Baijiayun Group

(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.