Short Interest in Xinyi Solar Holdings Limited (OTCMKTS:XNYIF) Declines By 19.5%

Xinyi Solar Holdings Limited (OTCMKTS:XNYIF) was the target of a significant drop in short interest in the month of February. As of February 15th, there was short interest totalling 26,484,300 shares, a drop of 19.5% from the January 31st total of 32,896,500 shares. Based on an average daily trading volume, of 5,200 shares, the short-interest ratio is currently 5,093.1 days.

Xinyi Solar Price Performance

XNYIF stock opened at $0.43 on Thursday. The business’s 50-day simple moving average is $0.41 and its 200 day simple moving average is $0.42. Xinyi Solar has a twelve month low of $0.35 and a twelve month high of $0.82.

About Xinyi Solar

Xinyi Solar Holdings Limited, an investment holding company, produces and sells solar glass products in the People's Republic of China, rest of Asia, North America, Europe, and internationally. It operates in two segments, Sales of Solar Glass and Solar Farm Business. The company offers ultra-clear patterned solar glasses, back glasses, and anti-reflective coating solar glasses to photovoltaic module manufacturers.