Xinyi Glass Holdings Limited (OTCMKTS:XYIGF) Sees Large Increase in Short Interest

Xinyi Glass Holdings Limited (OTCMKTS:XYIGF) saw a large increase in short interest in September. As of September 15th, there was short interest totalling 1,889,200 shares, an increase of 20.1% from the August 31st total of 1,573,100 shares. Based on an average daily trading volume, of 77,400 shares, the short-interest ratio is presently 24.4 days.

Xinyi Glass Trading Down 3.0 %

Shares of OTCMKTS XYIGF opened at $0.84 on Monday. Xinyi Glass has a one year low of $0.80 and a one year high of $1.49. The firm’s 50 day simple moving average is $0.91 and its two-hundred day simple moving average is $1.07.

About Xinyi Glass

Xinyi Glass Holdings Limited, an investment holding company, produces and sells automobile, construction, float, and other glass products for commercial and industrial applications. The company operates through three segments: Float Glass, Automobile Glass, and Architectural Glass. It is also involved in the manufacturing and sale of automobile rubber and plastic components, as well as electronic glass; trading of automobile glass; and research and trading of glass.