Short Interest in Xinyuan Real Estate Co., Ltd. (NYSE:XIN) Decreases By 30.2%

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. Based on an average daily trading volume, of 23,200 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the company’s shares are sold short.

Xinyuan Real Estate Stock Up 1.8 %

Shares of XIN stock traded up $0.05 during trading hours on Tuesday, reaching $2.76. The company had a trading volume of 2,212 shares, compared to its average volume of 45,633. Xinyuan Real Estate has a 12 month low of $2.24 and a 12 month high of $7.05. The business has a fifty day simple moving average of $2.80 and a 200-day simple moving average of $3.16.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on Xinyuan Real Estate in a research report on Tuesday. They set a “hold” rating on the stock.

Institutional Trading of Xinyuan Real Estate

A hedge fund recently bought a new stake in Xinyuan Real Estate stock. Two Sigma Securities LLC bought a new position in Xinyuan Real Estate Co., Ltd. (NYSE:XIN) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 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. 0.04% of the stock is owned by hedge funds and other institutional investors.

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.