Origin Agritech Limited (NASDAQ:SEED – Get Free Report) was the target of a significant decrease in short interest in the month of September. As of September 15th, there was short interest totalling 18,300 shares, a decrease of 15.3% from the August 31st total of 21,600 shares. Based on an average daily trading volume, of 37,100 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.4% of the shares of the stock are short sold.
Origin Agritech Stock Up 8.2 %
Shares of SEED opened at $3.31 on Friday. The firm’s 50 day moving average is $2.72 and its 200-day moving average is $3.73. Origin Agritech has a 12-month low of $1.37 and a 12-month high of $6.38.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Origin Agritech stock. Legacy Advisors LLC acquired a new position in shares of Origin Agritech Limited (NASDAQ:SEED – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 41,542 shares of the biotechnology company’s stock, valued at approximately $199,000. Legacy Advisors LLC owned approximately 0.66% of Origin Agritech as of its most recent SEC filing. Hedge funds and other institutional investors own 1.70% of the company’s stock.
Analyst Upgrades and Downgrades
Check Out Our Latest Stock Analysis on SEED
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.
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