Baijiayun Group Ltd (NASDAQ:RTC - Get Free Report) was the recipient of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totalling 7,800 shares, a decrease of 35.0% from the November 30th total of 12,000 shares. Based on an average daily trading volume, of 36,000 shares, the short-interest ratio is currently 0.2 days. Currently, 0.2% of the shares of the company are sold short.
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 bought a new stake in Baijiayun Group Ltd (NASDAQ:RTC - Free Report) in the 3rd quarter, according to its most recent filing with the SEC. The fund bought 76,178 shares of the company's stock, valued at approximately $629,000. 3.35% of the stock is currently owned by institutional investors.
Baijiayun Group Stock Down 4.8 %
Shares of RTC stock traded down $0.18 during trading hours on Friday, hitting $3.58. The company's stock had a trading volume of 40,604 shares, compared to its average volume of 52,254. The company has a 50 day moving average of $7.33 and a 200 day moving average of $6.96. Baijiayun Group has a 12-month low of $2.47 and a 12-month high of $40.00.
Baijiayun Group Company Profile
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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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