Kaixin Holdings (NASDAQ:KXIN – Get Free Report) was the target of a significant growth in short interest in August. As of August 31st, there was short interest totalling 723,900 shares, a growth of 38.5% from the August 15th total of 522,800 shares. Based on an average daily volume of 4,430,000 shares, the days-to-cover ratio is presently 0.2 days. Currently, 1.6% of the company’s stock are sold short.
Kaixin Stock Down 4.7 %
Shares of Kaixin stock traded down $0.00 during trading on Monday, hitting $0.07. 2,615,958 shares of the stock traded hands, compared to its average volume of 2,985,214. The company has a fifty day moving average price of $0.10 and a two-hundred day moving average price of $0.14. Kaixin has a twelve month low of $0.06 and a twelve month high of $3.55.
About Kaixin
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