Kaixin Holdings (NASDAQ:KXIN) Short Interest Up 54.1% in October

Kaixin Holdings (NASDAQ:KXIN) saw a large growth in short interest during the month of October. As of October 15th, there was short interest totalling 1,120,000 shares, a growth of 54.1% from the September 30th total of 727,000 shares. Approximately 2.5% of the shares of the stock are sold short. Based on an average trading volume of 32,450,000 shares, the short-interest ratio is presently 0.0 days.

Kaixin Stock Performance

Shares of NASDAQ KXIN opened at $4.55 on Tuesday. Kaixin has a 52-week low of $3.82 and a 52-week high of $213.00. The stock’s fifty day simple moving average is $7.60 and its 200 day simple moving average is $7.87.

About Kaixin

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.