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

Xinyi Glass Holdings Limited (OTCMKTS:XYIGF) was the recipient of a large growth in short interest in October. As of October 31st, there was short interest totalling 3,487,200 shares, a growth of 24.5% from the October 15th total of 2,801,200 shares. Based on an average trading volume of 2,200 shares, the short-interest ratio is presently 1,585.1 days.

Xinyi Glass Stock Up 2.7 %

OTCMKTS:XYIGF opened at $1.08 on Friday. Xinyi Glass has a twelve month low of $0.80 and a twelve month high of $1.33. The business has a 50 day moving average price of $0.97 and a two-hundred day moving average price of $1.06.

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.