Origin Agritech Limited (NASDAQ:SEED) Short Interest Down 29.5% in February

Origin Agritech Limited (NASDAQ:SEED) was the recipient of a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 106,000 shares, a drop of 29.5% from the January 31st total of 150,300 shares. Based on an average daily trading volume, of 60,400 shares, the short-interest ratio is currently 1.8 days. Currently, 2.1% of the company’s stock are sold short.

Institutional Trading of Origin Agritech

A hedge fund recently bought a new stake in Origin Agritech stock. Two Sigma Securities LLC acquired a new position in shares of Origin Agritech Limited (NASDAQ:SEED) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 13,259 shares of the biotechnology company’s stock, valued at approximately $28,000. Two Sigma Securities LLC owned 0.21% of Origin Agritech as of its most recent SEC filing. Institutional investors own 1.70% of the company’s stock.

Origin Agritech Price Performance

Shares of NASDAQ:SEED traded up $0.07 on Wednesday, hitting $1.94. The company had a trading volume of 12,056 shares, compared to its average volume of 81,125. The stock has a 50 day moving average price of $2.09 and a 200 day moving average price of $2.46. Origin Agritech has a 1-year low of $1.64 and a 1-year high of $6.38.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on Origin Agritech in a report on Monday. They set a “hold” rating on the stock.

Origin Agritech Company Profile

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.