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

Xinyi Glass Holdings Limited (OTCMKTS:XYIGF) was the target of a significant increase in short interest during the month of September. As of September 30th, there was short interest totalling 2,395,100 shares, an increase of 26.8% from the September 15th total of 1,889,200 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is currently 11,975.5 days.

Xinyi Glass Price Performance

XYIGF opened at $1.15 on Tuesday. Xinyi Glass has a 12-month low of $0.80 and a 12-month high of $1.36. The business has a 50 day moving average of $0.89 and a 200-day 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.