Kaixin Holdings (NASDAQ:KXIN) Short Interest Up 41.7% in February

Kaixin Holdings (NASDAQ:KXIN) was the target of a significant increase in short interest in February. As of February 15th, there was short interest totalling 113,100 shares, an increase of 41.7% from the January 31st total of 79,800 shares. Based on an average daily trading volume, of 605,300 shares, the days-to-cover ratio is currently 0.2 days. Currently, 7.0% of the shares of the stock are sold short.

Kaixin Stock Down 2.6 %

KXIN traded down $0.03 during midday trading on Tuesday, hitting $1.13. The stock had a trading volume of 82,648 shares, compared to its average volume of 256,810. The business has a fifty day moving average of $1.43 and a 200 day moving average of $3.95. Kaixin has a 1 year low of $1.03 and a 1 year high of $29.54.

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.