Xinyi Glass Holdings Limited (OTCMKTS:XYIGF) Short Interest Up 29.5% in April

Xinyi Glass Holdings Limited (OTCMKTS:XYIGF - Get Free Report) was the target of a significant growth in short interest in April. As of April 15th, there was short interest totalling 34,288,600 shares, a growth of 29.5% from the March 31st total of 26,480,600 shares. Approximately 0.8% of the shares of the company are sold short. Based on an average daily volume of 2,200 shares, the short-interest ratio is presently 15,585.7 days.

Wall Street Analyst Weigh In

Separately, Citigroup cut Xinyi Glass from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, January 7th.

Xinyi Glass Stock Performance

Shares of XYIGF stock opened at $0.90 on Friday. The business's 50 day moving average is $0.94 and its two-hundred day moving average is $0.97. Xinyi Glass has a twelve month low of $0.84 and a twelve month high of $1.33.

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.

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