Kaixin Holdings (NASDAQ:KXIN) Short Interest Up 49.2% in February

Kaixin Holdings (NASDAQ:KXIN) was the recipient of a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 168,800 shares, a growth of 49.2% from the February 13th total of 113,100 shares. Based on an average daily volume of 443,500 shares, the short-interest ratio is presently 0.4 days. Currently, 10.4% of the company’s stock are sold short.

Kaixin Price Performance

Shares of NASDAQ KXIN traded up $0.02 during trading on Friday, hitting $1.03. 32,521 shares of the company traded hands, compared to its average volume of 566,053. Kaixin has a fifty-two week low of $0.95 and a fifty-two week high of $29.54. The business’s fifty day moving average is $1.34 and its 200 day moving average is $3.73.

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.