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

Xinyuan Real Estate Co., Ltd. (NYSE:XIN) was the target of a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 2,400 shares, a decrease of 20.0% from the February 28th total of 3,000 shares. Based on an average daily trading volume, of 18,600 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Institutional Investors Weigh In On Xinyuan Real Estate

A hedge fund recently bought a new stake in Xinyuan Real Estate stock. Two Sigma Securities LLC acquired a new stake in Xinyuan Real Estate Co., Ltd. (NYSE:XIN) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 10,390 shares of the financial services provider’s stock, valued at approximately $27,000. Two Sigma Securities LLC owned about 0.19% of Xinyuan Real Estate as of its most recent SEC filing. 0.04% of the stock is owned by institutional investors.

Xinyuan Real Estate Stock Down 0.4 %

Shares of XIN stock opened at $2.66 on Monday. Xinyuan Real Estate has a 12-month low of $2.24 and a 12-month high of $7.05. The business’s fifty day simple moving average is $2.77 and its 200-day simple moving average is $3.15.

Analyst Ratings Changes

Separately, StockNews.com started coverage on shares of Xinyuan Real Estate in a research note on Wednesday, March 26th. They set a “hold” rating for the company.

About Xinyuan Real Estate

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.