Origin Agritech Limited (NASDAQ:SEED) Short Interest Update

Origin Agritech Limited (NASDAQ:SEED) was the recipient of a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 106,000 shares, a decrease of 29.5% from the January 31st total of 150,300 shares. Based on an average daily volume of 60,400 shares, the days-to-cover ratio is presently 1.8 days. Approximately 2.1% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Origin Agritech stock. Two Sigma Securities LLC acquired a new position in shares of Origin Agritech Limited (NASDAQ:SEED) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 13,259 shares of the biotechnology company’s stock, valued at approximately $28,000. Two Sigma Securities LLC owned about 0.21% of Origin Agritech as of its most recent filing with the SEC. Institutional investors and hedge funds own 1.70% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com began coverage on Origin Agritech in a report on Monday. They set a “hold” rating for the company.

Origin Agritech Trading Down 3.4 %

Shares of NASDAQ SEED traded down $0.07 during trading on Tuesday, reaching $1.87. The stock had a trading volume of 21,834 shares, compared to its average volume of 82,896. The business’s 50-day moving average price is $2.09 and its 200-day moving average price is $2.46. Origin Agritech has a fifty-two week low of $1.64 and a fifty-two week high of $6.38.

About Origin Agritech

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.