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

Xinyuan Real Estate Co., Ltd. (NYSE:XIN) saw a significant decrease in short interest in the month of February. As of February 28th, there was short interest totalling 3,000 shares, a decrease of 30.2% from the February 13th total of 4,300 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 23,200 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On Xinyuan Real Estate

An institutional investor recently bought a new position in Xinyuan Real Estate stock. Two Sigma Securities LLC purchased a new stake in shares of Xinyuan Real Estate Co., Ltd. (NYSE:XIN) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 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 at the end of the most recent reporting period. Institutional investors own 0.04% of the company’s stock.

Xinyuan Real Estate Price Performance

NYSE:XIN opened at $2.70 on Friday. The business has a fifty day simple moving average of $2.80 and a two-hundred day simple moving average of $3.15. Xinyuan Real Estate has a 1 year low of $2.24 and a 1 year high of $7.05.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on Xinyuan Real Estate in a report on Monday, March 10th. They issued a “hold” rating on the stock.

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.