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

Xinyi Solar Holdings Limited (OTCMKTS:XNYIF) was the recipient of a large increase in short interest during the month of August. As of August 15th, there was short interest totalling 31,117,900 shares, an increase of 199.2% from the July 31st total of 10,402,000 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 311,179.0 days.

Xinyi Solar Price Performance

XNYIF stock remained flat at $0.39 during trading on Tuesday. Xinyi Solar has a 1 year low of $0.39 and a 1 year high of $0.88. The firm has a 50 day moving average price of $0.49 and a 200-day moving average price of $0.62.

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.