Xinyuan Real Estate Co., Ltd. (NYSE:XIN) Sees Significant Decrease in Short Interest

Xinyuan Real Estate Co., Ltd. (NYSE:XIN) saw a significant decrease in short interest in the month of December. As of December 15th, there was short interest totalling 3,800 shares, a decrease of 85.4% from the November 30th total of 26,000 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 134,600 shares, the short-interest ratio is presently 0.0 days.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on Xinyuan Real Estate in a research report on Friday, December 20th. They set a “hold” rating for the company.

Xinyuan Real Estate Stock Performance

Shares of XIN traded up $0.09 during mid-day trading on Friday, hitting $2.65. The company’s stock had a trading volume of 44,257 shares, compared to its average volume of 43,029. Xinyuan Real Estate has a fifty-two week low of $1.92 and a fifty-two week high of $7.05. The firm has a 50-day moving average price of $3.31 and a 200 day moving average price of $3.16.

Xinyuan Real Estate Company Profile

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.