Baijiayun Group Ltd (NASDAQ:RTC – Get Free Report) was the recipient of a significant decrease in short interest in March. As of March 15th, there was short interest totalling 479,200 shares, a decrease of 45.1% from the February 28th total of 872,600 shares. Currently, 4.8% of the shares of the stock are short sold. Based on an average daily volume of 1,570,000 shares, the short-interest ratio is presently 0.3 days.
Institutional Trading of Baijiayun Group
An institutional investor recently bought a new position in Baijiayun Group stock. Garden State Investment Advisory Services LLC acquired a new stake in shares of Baijiayun Group Ltd (NASDAQ:RTC – Free Report) in the third quarter, according to its most recent disclosure with the SEC. The firm 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 at the end of the most recent reporting period. Institutional investors own 3.35% of the company’s stock.
Baijiayun Group Trading Down 13.0 %
RTC stock traded down $0.04 during trading on Friday, reaching $0.26. The company’s stock had a trading volume of 387,072 shares, compared to its average volume of 436,328. The company’s fifty day moving average is $0.64 and its 200-day moving average is $4.63. Baijiayun Group has a 1 year low of $0.25 and a 1 year high of $9.69.
About Baijiayun Group
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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