Baijiayun Group Ltd (NASDAQ:RTC) Short Interest Up 19.4% in June

Baijiayun Group Ltd (NASDAQ:RTC) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totalling 15,400 shares, a growth of 19.4% from the May 31st total of 12,900 shares. Based on an average trading volume of 31,700 shares, the short-interest ratio is currently 0.5 days. Currently, 0.2% of the shares of the company are sold short.

Baijiayun Group Price Performance

Shares of NASDAQ RTC opened at $4.07 on Tuesday. The firm’s 50-day moving average price is $4.99 and its two-hundred day moving average price is $6.72. Baijiayun Group has a 52-week low of $2.47 and a 52-week high of $44.13.

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.