Origin Agritech Limited (NASDAQ:SEED) Short Interest Update

Origin Agritech Limited (NASDAQ:SEED) was the recipient of a significant decrease in short interest in the month of February. As of February 15th, there was short interest totalling 106,000 shares, a decrease of 29.5% from the January 31st total of 150,300 shares. Based on an average trading volume of 60,400 shares, the days-to-cover ratio is presently 1.8 days. Approximately 2.1% of the shares of the company are short sold.

Origin Agritech Stock Down 2.5 %

SEED stock traded down $0.05 during trading on Monday, hitting $1.93. 39,236 shares of the company traded hands, compared to its average volume of 84,432. Origin Agritech has a 1 year low of $1.64 and a 1 year high of $6.38. The stock’s 50-day simple moving average is $2.10 and its 200 day simple moving average is $2.47.

Institutional Trading of Origin Agritech

An institutional investor recently bought a new position in Origin Agritech stock. XTX Topco Ltd purchased a new stake in Origin Agritech Limited (NASDAQ:SEED) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 11,054 shares of the biotechnology company’s stock, valued at approximately $34,000. XTX Topco Ltd owned 0.17% of Origin Agritech as of its most recent filing with the SEC. 1.70% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on shares of Origin Agritech in a report on Monday. They issued a “hold” rating on the stock.

About Origin Agritech

Origin Agritech Limited, together with its subsidiaries, operates as an agricultural biotechnology in the People’s Republic of China. The company engages in the development and distribution of seed products; and research on genetically enhanced breeding technologies in agricultural crops. Its products include corn, soybean, canola, and rice seeds.