Kaixin Holdings (NASDAQ:KXIN) Short Interest Update

Kaixin Holdings (NASDAQ:KXIN) was the target of a significant growth in short interest during the month of November. As of November 30th, there was short interest totalling 422,600 shares, a growth of 142.5% from the November 15th total of 174,300 shares. Approximately 26.9% of the shares of the company are short sold. Based on an average daily trading volume, of 1,640,000 shares, the short-interest ratio is presently 0.3 days.

Kaixin Stock Performance

KXIN stock traded down $0.05 during mid-day trading on Friday, hitting $1.76. The company had a trading volume of 128,342 shares, compared to its average volume of 478,006. Kaixin has a 12 month low of $1.70 and a 12 month high of $81.00. The stock’s fifty day moving average price is $5.04 and its two-hundred day moving average price is $6.47.

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.