Origin Agritech Limi shares had a trading volume of 868K by the end of trading on Tuesday. Shares saw a steep increase in trading volume of 613.46% over the normal average daily volume.
Investors are a little more bullish lately if you look at the fall in short interest. The firm recorded a fall in short interest of -9.65% as of October 13, 2017 from the last reporting period. Short shares decreased 4,586 over that period. With short interest at 42,932 and short average daily volume at 39,859, days to cover is 1.0 and the percentage of shorted shares was 0.00% on October 13.
Additionally, here are a few investment firms who have increased or decreased their stake in (SEED). Tower Research Capital LLC (trc) augmented its investment by buying 3,433 shares an increase of 76.6% in the quarter. Tower Research Capital LLC (trc) claims 7,913 shares with a value of $11,000. The total value of its holdings increased 22.2%. As of quarter end Spark Investment Management LLC had sold a total of 43,000 shares trimming its stake by 50.4%. The value of the total investment in Origin Agritech Limi went from $173,000 to $60,000 a change of 65.3% quarter to quarter.
As of the end of the quarter Ubs Group Ag had disposed of 3,229 shares trimming its position 64.6%. The value of the investment in Origin Agritech Limi decreased from $10,000 to $3,000 decreasing 70.0% quarter over quarter. Creative Planning expanded its position by buying 15,900 shares an increase of 9.4%. Creative Planning currently owns 185,880 shares worth $305,000. The value of the position overall is up by 25.5%.
The company is trading down by 2.11% since yesterday’s close of 1.42. Origin Agritech Limi currently has a P/E ratio of N/A and the market cap is 32.23M. In the latest earnings report the EPS was $-0.41 with 23.17M shares presently outstanding.
Origin Agritech Limited, launched on February 10, 2005, is a holding company. The Company, along with its subsidiaries, is an agricultural biotechnology company. The Business’s segments are Agri-biotech and product development, and production and distribution of hybrid seeds. The Company specializes in crop seed breeding, genetic improvement and the production, processing and distribution of seeds, as well as related technical services. In addition, State Harvest has built a capacity for breeding technologies, including marker-assisted breeding and doubled haploids technologies. Beijing Origin Seed Limited (Beijing Origin) focuses on seed production and distribution business in China. The Business’s products include hybrid varieties of corn, rice and canola seeds. Its activities include the specialization in the research and development, production, and sales and marketing of crop seeds throughout the People’s Republic of China. The Company offers phytase GM corn, a genetically modified corn seed product in China..