China Xiangtai Food Co., Ltd. (NASDAQ:PLIN) Short Interest Update

China Xiangtai Food Co., Ltd. (NASDAQ:PLIN) was the recipient of a significant drop in short interest during the month of December. As of December 31st, there was short interest totalling 50,100 shares, a drop of 62.5% from the December 15th total of 133,700 shares. Based on an average trading volume of 2,530,000 shares, the short-interest ratio is currently 0.0 days. Currently, 0.3% of the shares of the company are sold short.

Shares of NASDAQ PLIN opened at $0.99 on Thursday. The firm’s 50-day moving average price is $0.89 and its two-hundred day moving average price is $0.97. China Xiangtai Food has a 52-week low of $0.62 and a 52-week high of $4.74.

China Xiangtai Food Company Profile

China Xiangtai Food Co, Ltd., through its subsidiaries, engages in the slaughtering, processing, packing, distribution, wholesale, and retail of various fresh pork meat and parts in the People's Republic of China. It offers fresh pork and byproducts, as well as beef, lamb, chicken, duck, and rabbit meat.

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