Kaixin Holdings (NASDAQ:KXIN – Get Free Report) saw a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 243,800 shares, an increase of 260.7% from the December 15th total of 67,600 shares. Approximately 15.1% of the company’s shares are sold short. Based on an average daily trading volume, of 1,490,000 shares, the days-to-cover ratio is currently 0.2 days.
Kaixin Price Performance
Shares of KXIN stock traded down $0.04 during trading hours on Tuesday, reaching $1.52. 273,477 shares of the stock were exchanged, compared to its average volume of 329,859. Kaixin has a 12-month low of $1.20 and a 12-month high of $51.00. The company’s 50-day moving average price is $2.10 and its 200-day moving average price is $5.34.
About Kaixin
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