Xinyuan Real Estate Co., Ltd. (NYSE:XIN) Short Interest Update

Xinyuan Real Estate Co., Ltd. (NYSE:XIN) was the recipient of a significant decrease in short interest in January. As of January 15th, there was short interest totalling 1,500 shares, a decrease of 57.1% from the December 31st total of 3,500 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 22,000 shares, the short-interest ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on shares of Xinyuan Real Estate in a research note on Wednesday. They issued a “hold” rating on the stock.

Xinyuan Real Estate Stock Performance

Shares of XIN stock traded up $0.01 during trading hours on Thursday, hitting $2.74. 15,595 shares of the company were exchanged, compared to its average volume of 15,121. Xinyuan Real Estate has a fifty-two week low of $2.24 and a fifty-two week high of $7.05. The company has a 50 day simple moving average of $2.82 and a two-hundred day simple moving average of $3.18.

Xinyuan Real Estate Company Profile

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.