Xinyi Glass (OTCMKTS:XYIGF) Short Interest Up 71.0% in May

Xinyi Glass (OTCMKTS:XYIGF) was the target of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 4,874,906 shares, an increase of 71.0% from the May 14th total of 2,850,793 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ? days. Currently, 0.1% of the shares of the company are sold short.

Xinyi Glass Price Performance

Xinyi Glass stock opened at $1.28 on Tuesday. Xinyi Glass has a one year low of $0.88 and a one year high of $1.55. The business has a fifty day moving average price of $1.28 and a 200-day moving average price of $1.27.

Xinyi Glass Company Profile

Xinyi Glass Holdings Limited (OTCMKTS:XYIGF) is a leading manufacturer of glass products serving the architectural, automotive and industrial markets. The company produces a wide range of float glass, energy-efficient coated glass, laminated glass and insulated glass units that are used in commercial and residential buildings, as well as tempered and laminated safety glass for the automotive sector. By leveraging advanced production techniques and stringent quality controls, Xinyi Glass seeks to meet the performance and safety requirements of global building and auto manufacturers.

Founded in 1988 and headquartered in Hong Kong, Xinyi Glass has grown from a regional glass processor into one of the largest float glass producers in Mainland China.