Xinyi Solar Holdings Limited (OTCMKTS:XNYIF) Sees Significant Growth in Short Interest

Xinyi Solar Holdings Limited (OTCMKTS:XNYIF) was the target of a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 21,064,000 shares, a growth of 108.8% from the October 15th total of 10,088,800 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 210,640.0 days.

Xinyi Solar Stock Performance

Shares of OTCMKTS:XNYIF opened at $0.41 on Friday. The business has a 50 day simple moving average of $0.44 and a two-hundred day simple moving average of $0.52. Xinyi Solar has a 1 year low of $0.35 and a 1 year high of $0.82.

Xinyi Solar Company Profile

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.