Kaixin Holdings (NASDAQ:KXIN) Short Interest Up 41.7% in February

Kaixin Holdings (NASDAQ:KXIN) was the target of a large growth in short interest in February. As of February 15th, there was short interest totalling 113,100 shares, a growth 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 shares of the stock are sold short.

Kaixin Stock Down 2.6 %

KXIN stock traded down $0.03 during mid-day trading on Tuesday, reaching $1.13. 82,648 shares of the company traded hands, compared to its average volume of 256,810. Kaixin has a 52-week low of $1.03 and a 52-week high of $29.54. The company has a fifty day moving average price of $1.43 and a 200-day moving average price of $3.95.

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.