Kaixin Holdings (NASDAQ:KXIN) Short Interest Up 142.5% in November

Kaixin Holdings (NASDAQ:KXIN) saw a significant increase in short interest in the month of November. As of November 30th, there was short interest totalling 422,600 shares, an increase of 142.5% from the November 15th total of 174,300 shares. Based on an average trading volume of 1,640,000 shares, the days-to-cover ratio is currently 0.3 days. Approximately 26.9% of the shares of the company are sold short.

Kaixin Trading Down 2.8 %

Shares of Kaixin stock traded down $0.05 during trading on Friday, reaching $1.76. The company’s stock had a trading volume of 128,342 shares, compared to its average volume of 478,006. The business’s 50-day moving average price is $5.04 and its 200-day moving average price is $6.47. Kaixin has a 52 week low of $1.70 and a 52 week high of $81.00.

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.