Kaixin Holdings (NASDAQ:KXIN) Short Interest Update

Kaixin Holdings (NASDAQ:KXIN) was the recipient of a large increase in short interest in 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. Based on an average daily trading volume, of 605,300 shares, the days-to-cover ratio is presently 0.2 days. Approximately 7.0% of the company’s shares are short sold.

Kaixin Stock Down 3.6 %

KXIN traded down $0.04 during mid-day trading on Monday, reaching $1.16. The stock had a trading volume of 229,918 shares, compared to its average volume of 261,155. Kaixin has a 52 week low of $1.03 and a 52 week high of $29.54. The firm’s fifty day simple moving average is $1.44 and its two-hundred day simple moving average is $3.98.

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.