Xinyi Glass Holdings Limited (OTCMKTS:XYIGF) Short Interest Up 923.4% in April

Xinyi Glass Holdings Limited (OTCMKTS:XYIGF) was the target of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 8,338,800 shares, a growth of 923.4% from the March 31st total of 814,800 shares. Based on an average trading volume of 20,900 shares, the days-to-cover ratio is presently 399.0 days.

Xinyi Glass Price Performance

OTCMKTS XYIGF opened at $1.03 on Friday. Xinyi Glass has a 1-year low of $0.80 and a 1-year high of $1.90. The firm’s fifty day simple moving average is $1.06 and its 200-day simple moving average is $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.