Short Interest in Origin Agritech Limited (NASDAQ:SEED) Decreases By 20.3%

Origin Agritech Limited (NASDAQ:SEEDGet Free Report) was the recipient of a significant decrease in short interest in December. As of December 31st, there was short interest totalling 33,300 shares, a decrease of 20.3% from the December 15th total of 41,800 shares. Based on an average trading volume of 21,900 shares, the short-interest ratio is currently 1.5 days. Approximately 0.8% of the company’s stock are short sold.

Wall Street Analysts Forecast Growth

Separately, StockNews.com started coverage on Origin Agritech in a research note on Tuesday. They issued a “hold” rating on the stock.

Check Out Our Latest Analysis on Origin Agritech

Origin Agritech Stock Down 3.8 %

Origin Agritech stock traded down $0.07 during trading hours on Friday, hitting $1.76. 109,328 shares of the company traded hands, compared to its average volume of 45,012. Origin Agritech has a 1-year low of $1.37 and a 1-year high of $6.38. The firm’s 50-day simple moving average is $2.31 and its two-hundred day simple moving average is $2.77.

Hedge Funds Weigh In On Origin Agritech

An institutional investor recently bought a new position in Origin Agritech stock. XTX Topco Ltd acquired a new stake in shares of Origin Agritech Limited (NASDAQ:SEEDFree Report) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 11,054 shares of the biotechnology company’s stock, valued at approximately $34,000. XTX Topco Ltd owned approximately 0.17% of Origin Agritech at the end of the most recent quarter. 1.70% of the stock is currently owned by institutional investors and hedge funds.

Origin Agritech Company Profile

(Get Free Report)

Origin Agritech Limited, together with its subsidiaries, operates as an agricultural biotechnology in the People’s Republic of China. The company engages in the development and distribution of seed products; and research on genetically enhanced breeding technologies in agricultural crops. Its products include corn, soybean, canola, and rice seeds.

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