Origin Agritech Limited (NASDAQ:SEED) Short Interest Update

Origin Agritech Limited (NASDAQ:SEED) was the recipient of a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 16,459 shares, a decline of 42.7% from the August 31st total of 28,740 shares. Based on an average daily volume of 17,127 shares, the short-interest ratio is presently 1.0 days. Currently, 0.2% of the company’s shares are short sold.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Origin Agritech in a research report on Friday, July 31st. One research analyst has rated the stock with a Sell rating, According to MarketBeat, Origin Agritech currently has an average rating of “Sell”.

Origin Agritech Price Performance

SEED traded down $0.14 on Wednesday, hitting $0.79. The company had a trading volume of 535,951 shares, compared to its average volume of 93,544. The stock has a fifty day moving average price of $1.00 and a 200-day moving average price of $1.09. Origin Agritech has a 12-month low of $0.67 and a 12-month high of $2.49.

Origin Agritech Company Profile

Origin Agritech Limited (NASDAQ:SEED) is an agricultural biotechnology and seed company focused on crop breeding and the development of improved corn varieties. The company’s activities include research, seed production and the commercialization of hybrid corn seed products for agricultural use.

Origin Agritech also develops biotechnology and molecular-breeding technologies intended to improve crop traits such as yield, quality and resistance to environmental stresses. Its research platform has included genetically modified and gene-edited corn traits, subject to applicable regulatory approvals.

Founded in 1997, the company is based in China and primarily serves the Chinese agricultural market through its breeding, seed-development and related agricultural operations.