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

Kaixin Holdings (NASDAQ:KXIN) 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

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.