Short Interest in Xinyi Glass Holdings Limited (OTCMKTS:XYIGF) Grows By 17.0%

Xinyi Glass Holdings Limited (OTCMKTS:XYIGF) was the target of a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 2,801,200 shares, an increase of 17.0% from the September 30th total of 2,395,100 shares. Based on an average daily volume of 1,200 shares, the short-interest ratio is presently 2,334.3 days.

Xinyi Glass Trading Down 1.4 %

OTCMKTS XYIGF opened at $1.06 on Monday. Xinyi Glass has a 12 month low of $0.80 and a 12 month high of $1.33. The stock has a 50-day simple moving average of $0.91 and a 200 day simple moving average 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.