Short Interest in Xinyi Solar Holdings Limited (OTCMKTS:XNYIF) Declines By 21.7%

Xinyi Solar Holdings Limited (OTCMKTS:XNYIFGet Rating) was the target of a large decline in short interest in April. As of April 30th, there was short interest totalling 8,181,900 shares, a decline of 21.7% from the April 15th total of 10,451,500 shares. Based on an average daily trading volume, of 1,700 shares, the short-interest ratio is presently 4,812.9 days.

XNYIF stock opened at $1.41 on Monday. Xinyi Solar has a one year low of $1.35 and a one year high of $2.47. The firm has a 50 day simple moving average of $1.64 and a two-hundred day simple moving average of $1.70.

Xinyi Solar Company Profile (Get Rating)

Xinyi Solar Holdings Limited, an investment holding company, produces and sells solar glass products in the People's Republic of China, Malaysia, and internationally. It operates through three segments: Sales of Solar Glass; Solar Farm Business; and Engineering, Procurement and Construction Services.

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