Short Interest in Leju Holdings Limited (NYSE:LEJU) Increases By 17.3%

Leju Holdings Limited (NYSE:LEJU) was the recipient of a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 21,000 shares, a growth of 17.3% from the March 15th total of 17,900 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average trading volume of 18,100 shares, the days-to-cover ratio is currently 1.2 days.

Institutional Investors Weigh In On Leju

An institutional investor recently bought a new position in Leju stock. Two Sigma Securities LLC purchased a new position in shares of Leju Holdings Limited (NYSE:LEJU) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 16,337 shares of the financial services provider’s stock, valued at approximately $38,000. Two Sigma Securities LLC owned 0.12% of Leju at the end of the most recent reporting period. 0.41% of the stock is currently owned by hedge funds and other institutional investors.

Leju Stock Performance

The company has a 50-day moving average of $1.27 and a 200 day moving average of $1.34. Leju has a 52 week low of $0.85 and a 52 week high of $9.84.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on shares of Leju in a report on Saturday. They issued a “buy” rating on the stock.

Leju Company Profile

Leju Holdings Limited, through its subsidiaries, provides online to offline (O2O) real estate services in the People's Republic of China. It offers real estate e-commerce, online advertising, and online listing services through its online platform, and various mobile applications. The company also operates various real estate and home furnishing Websites of SINA Corporation (SINA).