Kaixin Holdings (NASDAQ:KXIN) Short Interest Update

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

Kaixin Stock Down 15.9 %

Shares of Kaixin stock traded down $0.02 during trading on Friday, hitting $0.09. 13,489,586 shares of the stock were exchanged, compared to its average volume of 3,576,143. The stock’s fifty day moving average is $0.09 and its 200 day moving average is $0.13. Kaixin has a 12 month low of $0.06 and a 12 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.