Origin Agritech Limited (NASDAQ:SEED) Sees Large Decrease in Short Interest

Origin Agritech Limited (NASDAQ:SEEDGet Free Report) saw a large decline in short interest in May. As of May 31st, there was short interest totalling 32,700 shares, a decline of 35.0% from the May 15th total of 50,300 shares. Based on an average trading volume of 55,400 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.7% of the shares of the stock are short sold.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on shares of Origin Agritech in a report on Monday, April 1st. They set a “hold” rating on the stock.

View Our Latest Analysis on Origin Agritech

Origin Agritech Price Performance

NASDAQ:SEED traded down $0.20 during trading hours on Friday, hitting $4.89. 25,246 shares of the stock were exchanged, compared to its average volume of 202,406. The firm’s fifty day moving average price is $4.44 and its 200 day moving average price is $3.14. Origin Agritech has a 52-week low of $1.37 and a 52-week high of $6.38.

About Origin Agritech

(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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