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

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

Xinyi Glass Stock Performance

XYIGF opened at $1.08 on Friday. Xinyi Glass has a 12 month low of $0.80 and a 12 month high of $1.33. The company has a fifty day simple moving average of $0.97 and a 200 day simple 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.