Kaixin Holdings (NASDAQ:KXIN) Short Interest Update

Kaixin Holdings (NASDAQ:KXIN) saw a significant decline in short interest in the month of December. As of December 15th, there was short interest totalling 67,600 shares, a decline of 84.0% from the November 30th total of 422,600 shares. Currently, 4.2% of the shares of the company are short sold. Based on an average daily volume of 1,720,000 shares, the days-to-cover ratio is currently 0.0 days.

Kaixin Stock Performance

Shares of NASDAQ KXIN traded up $0.09 during midday trading on Thursday, reaching $1.57. 1,115,441 shares of the company were exchanged, compared to its average volume of 495,704. The stock has a fifty day simple moving average of $3.36 and a 200 day simple moving average of $6.00. Kaixin has a 1 year low of $1.40 and a 1 year high of $56.40.

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.