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

Xinyi Glass Holdings Limited (OTCMKTS:XYIGF) saw a large decline in short interest during the month of August. As of August 31st, there was short interest totalling 1,573,100 shares, a decline of 33.0% from the August 15th total of 2,348,400 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Xinyi Glass Trading Down 3.0 %

Shares of OTCMKTS XYIGF opened at $0.84 on Monday. Xinyi Glass has a one year low of $0.80 and a one year high of $1.49. The firm’s 50 day simple moving average is $0.95 and its two-hundred day simple moving average is $1.09.

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.