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

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

Xinyi Glass Trading Down 3.0 %

Shares of OTCMKTS:XYIGF opened at $0.84 on Monday. The company has a 50-day moving average price of $0.91 and a two-hundred day moving average price of $1.07. Xinyi Glass has a twelve month low of $0.80 and a twelve month high of $1.49.

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.