Kaixin Holdings (NASDAQ:KXIN) Short Interest Update

Kaixin Holdings (NASDAQ:KXIN) saw a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 113,100 shares, an increase of 41.7% from the January 31st total of 79,800 shares. Currently, 7.0% of the company’s shares are short sold. Based on an average trading volume of 605,300 shares, the days-to-cover ratio is currently 0.2 days.

Kaixin Stock Down 3.6 %

Kaixin stock traded down $0.04 during midday trading on Monday, hitting $1.16. 229,918 shares of the stock were exchanged, compared to its average volume of 261,155. The company has a fifty day simple moving average of $1.44 and a two-hundred day simple moving average of $3.98. Kaixin has a 52 week low of $1.03 and a 52 week 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.