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

by · The Markets Daily

Xinyi Glass (OTCMKTS:XYIGF – Get Free Report) was the recipient of a significant increase in short interest during 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 trading volume, of 0 shares, the short-interest ratio is currently ∞ days. Approximately 0.1% of the company’s stock are sold short.

Xinyi Glass Stock Performance

XYIGF opened at $1.28 on Monday. The company’s fifty day moving average price is $1.28 and its two-hundred day moving average price is $1.27. Xinyi Glass has a 1-year low of $0.88 and a 1-year high of $1.55.

Xinyi Glass Company Profile

(Get Free Report)

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.

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