Kaixin Holdings (NASDAQ:KXIN) Short Interest Update

Kaixin Holdings (NASDAQ:KXIN) was the recipient of a significant decline in short interest in the month of September. As of September 15th, there was short interest totalling 562,300 shares, a decline of 22.3% from the August 31st total of 723,900 shares. Based on an average daily volume of 4,610,000 shares, the days-to-cover ratio is currently 0.1 days. Currently, 1.2% of the shares of the company are sold short.

Kaixin Stock Performance

Kaixin stock traded down $0.02 during mid-day trading on Friday, reaching $0.09. The company’s stock had a trading volume of 13,489,586 shares, compared to its average volume of 3,576,143. The business has a 50 day moving average price of $0.09 and a 200-day moving average price of $0.13. Kaixin has a twelve month low of $0.06 and a twelve month high of $3.55.

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.