Origin Agritech Limited (NASDAQ:SEED – Get Free Report) was the target of a significant increase in short interest in August. As of August 14th, there was short interest totaling 62,487 shares, an increase of 129.7% from the July 30th total of 27,205 shares. Approximately 0.5% of the company’s stock are sold short. Based on an average daily trading volume, of 799,909 shares, the days-to-cover ratio is currently 0.1 days.
Origin Agritech Trading Up 0.3%
NASDAQ:SEED traded up $0.00 during mid-day trading on Friday, hitting $0.99. The stock had a trading volume of 2,914 shares, compared to its average volume of 435,151. Origin Agritech has a twelve month low of $0.87 and a twelve month high of $2.49. The company’s 50 day simple moving average is $1.02 and its 200 day simple moving average is $1.11.
Institutional Trading of Origin Agritech
An institutional investor recently bought a new position in Origin Agritech stock. Legacy Advisors LLC acquired a new position in shares of Origin Agritech Limited (NASDAQ:SEED – Free Report) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 41,542 shares of the biotechnology company’s stock, valued at approximately $50,000. Legacy Advisors LLC owned approximately 0.58% of Origin Agritech at the end of the most recent reporting period. Institutional investors and hedge funds own 1.70% of the company’s stock.
Wall Street Analysts Forecast Growth
View Our Latest Stock Analysis on Origin Agritech
About Origin Agritech
Origin Agritech (NASDAQ:SEED) is an agricultural biotechnology company focused on the research, development, production and sale of hybrid rice seeds. The company’s core business activities center on the application of molecular marker‐assisted selection and genomics to develop high‐yielding, disease‐resistant and stress‐tolerant rice varieties. Its product portfolio includes proprietary cytoplasmic male sterile (CMS) lines, hybrid parent lines and commercial seed varieties tailored to the agronomic needs of rice growers.
Origin Agritech primarily serves the major rice‐producing provinces of China, where it has established breeding stations, seed production bases and a distribution network to supply certified hybrid seeds.
Featured Stories
- Five stocks we like better than Origin Agritech
- From SaaS-pocalypse to Perfect Storm: Workday’s AI Growth Story Strengthens
- These 3 GARP Stocks Show Why Growth and Value Do Not Have to Clash
- Venture Into High-Volatility Corners of the Market With These 3 ETFs
- 3 Retail Stocks to Watch After a Big Consumer Earnings Week
Receive News & Ratings for Origin Agritech Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Origin Agritech and related companies with MarketBeat.com's FREE daily email newsletter.
