Xinyuan Real Estate Co., Ltd. (NYSE:XIN – Get Free Report) saw a large growth in short interest in September. As of September 30th, there was short interest totalling 37,600 shares, a growth of 191.5% from the September 15th total of 12,900 shares. Approximately 0.7% of the company’s stock are sold short. Based on an average trading volume of 112,800 shares, the short-interest ratio is currently 0.3 days.
Xinyuan Real Estate Stock Performance
XIN traded up $0.41 during trading on Friday, hitting $4.34. The stock had a trading volume of 54,726 shares, compared to its average volume of 361,371. The company’s 50-day moving average price is $3.23 and its 200 day moving average price is $2.98. Xinyuan Real Estate has a twelve month low of $1.92 and a twelve month high of $7.05.
Analysts Set New Price Targets
Separately, StockNews.com began coverage on shares of Xinyuan Real Estate in a report on Wednesday. They set a “hold” rating for the company.
About Xinyuan Real Estate
Xinyuan Real Estate Co, Ltd., together with its subsidiaries, engages in residential real estate development and construction in the People's Republic of China, the United States, Malaysia, and the United Kingdom. The company develops residential projects, such as multi-layer apartment buildings, sub-high-rise apartment buildings, high-rise apartment buildings; auxiliary services and amenities, such as retail outlets, leisure and health facilities, kindergartens, and schools, as well as office, mixed-use, and commercial properties.
Recommended Stories
- Five stocks we like better than Xinyuan Real Estate
- Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index
- Why Fastenal Stock Could Hit New Highs After Strong Q3 Results
- Comparing and Trading High PE Ratio Stocks
- Why Eli Lilly Stock Is Soaring—and How It Plans to Stay on Top
- Best Stocks Under $10.00
- 3 Mid-Cap Stocks Under $20 With Insider Buying and Major Upside
Receive News & Ratings for Xinyuan Real Estate Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xinyuan Real Estate and related companies with MarketBeat.com's FREE daily email newsletter.
