Xinyi Glass Holdings Limited (OTCMKTS:XYIGF) Sees Significant Growth in Short Interest

Xinyi Glass Holdings Limited (OTCMKTS:XYIGF) was the target of a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 8,338,800 shares, an increase of 923.4% from the March 31st total of 814,800 shares. Based on an average daily volume of 20,900 shares, the short-interest ratio is presently 399.0 days.

Xinyi Glass Stock Performance

Shares of OTCMKTS:XYIGF opened at $1.03 on Friday. Xinyi Glass has a 1 year low of $0.80 and a 1 year high of $1.91. The firm has a fifty day moving average price of $1.05 and a 200 day moving average price of $1.06.

Xinyi Glass Company Profile

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.