Kaixin Holdings (NASDAQ:KXIN) Short Interest Up 49.2% in February

Kaixin Holdings (NASDAQ:KXINGet Free Report) was the target of a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 168,800 shares, a growth of 49.2% from the February 13th total of 113,100 shares. Approximately 10.4% of the company’s shares are short sold. Based on an average trading volume of 443,500 shares, the days-to-cover ratio is presently 0.4 days.

Kaixin Stock Performance

KXIN traded up $0.02 during trading on Friday, reaching $1.03. 32,521 shares of the stock traded hands, compared to its average volume of 566,053. The stock’s 50-day moving average is $1.34 and its 200 day moving average is $3.73. Kaixin has a 12 month low of $0.95 and a 12 month high of $29.54.

Kaixin Company Profile

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Kaixin Auto Holdings primarily engages in the sale of domestic and imported automobiles in the People's Republic of China. It focuses on automobiles brands, such as Audi, BMW, Mercedes-Benz, Land Rover, Bentley, Rolls-Royce, and Porsche. The company is headquartered in Beijing, the People's Republic of China.

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