Short Interest in Leju Holdings Limited (NYSE:LEJU) Increases By 17.3%

Leju Holdings Limited (NYSE:LEJU) was the target of a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 21,000 shares, an increase of 17.3% from the March 15th total of 17,900 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 18,100 shares, the short-interest ratio is currently 1.2 days.

Analyst Ratings Changes

Separately, StockNews.com began coverage on shares of Leju in a research note on Saturday. They issued a “buy” rating for the company.

Leju Stock Performance

Leju has a fifty-two week low of $0.85 and a fifty-two week high of $9.84. The stock has a 50-day moving average of $1.27 and a 200 day moving average of $1.34.

Institutional Trading of Leju

A hedge fund recently bought a new stake in Leju stock. Two Sigma Securities LLC purchased a new position in shares of Leju Holdings Limited (NYSE:LEJU) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 16,337 shares of the financial services provider’s stock, valued at approximately $38,000. Two Sigma Securities LLC owned 0.12% of Leju at the end of the most recent quarter. Hedge funds and other institutional investors own 0.41% of the company’s stock.

About Leju

Leju Holdings Limited, through its subsidiaries, provides online to offline (O2O) real estate services in the People's Republic of China. It offers real estate e-commerce, online advertising, and online listing services through its online platform, and various mobile applications. The company also operates various real estate and home furnishing Websites of SINA Corporation (SINA).