Future Outlook And Stock Price Performance For Baiyu Holdings Inc (NASDAQ: BYU)

In today’s recent session, 1.32 million shares of the Baiyu Holdings Inc (NASDAQ:BYU) have been traded, and its beta is 0.49. Most recently the company’s share price was $0.22, and it changed around $0.01 or 3.06% from the last close, which brings the market valuation of the company to $10.87M. BYU at last check was trading at a discount to its 52-week high of $6.38, offering almost -2800.0% off that amount. The share price’s 52-week low was $0.20, which indicates that the recent value has risen by an impressive 9.09% since then. We note from Baiyu Holdings Inc’s average daily trading volume that its 10-day average is 2.57 million shares, with the 3-month average coming to 2.40 million.

Baiyu Holdings Inc (NASDAQ:BYU) trade information

Instantly BYU has been showing a green trend so far today with a performance of 3.06% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 0.2500 on recent trading dayincreased the stock’s daily price by 12.0%. The company’s shares are currently down -86.73% year-to-date, but still down -12.91% over the last five days. On the other hand, Baiyu Holdings Inc (NASDAQ:BYU) is -94.82% down in the 30-day period. We can see from the shorts that 1.19 million shares have been sold at a short interest cover period of 0.65 day(s).

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Baiyu Holdings Inc (NASDAQ:BYU)’s Major holders

Fidelity NASDAQ Composite Index Fund and Blackstone Alternative Multi-Strategy Fund were the top two Mutual Funds as of Aug 31, 2024. The former held 2.65 shares worth $570.0, making up 0.01% of all outstanding shares. On the other hand, Blackstone Alternative Multi-Strategy Fund held roughly 12.0 shares worth around $2.0, which represents about 0.00% of the total shares outstanding.