Haitian International Holdings Limited (OTCMKTS:HAIIF) Short Interest Up 2,179.9% in August

Haitian International Holdings Limited (OTCMKTS:HAIIF) was the target of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 296,387 shares, an increase of 2,179.9% from the July 30th total of 13,000 shares. Based on an average daily volume of 944 shares, the short-interest ratio is presently 314.0 days.

Haitian International Price Performance

HAIIF remained flat at $3.00 during trading on Tuesday. The stock’s 50 day moving average is $2.87 and its 200-day moving average is $2.82. Haitian International has a 1-year low of $3.00 and a 1-year high of $3.09.

About Haitian International

Haitian International (OTCMKTS: HAIIF) is a leading manufacturer of plastic injection molding machinery based in Ningbo, China. Incorporated in the early 1990s as part of Haitian International Holdings, the company has grown to become one of the world’s top suppliers of injection molding equipment. Haitian International Holdings Limited has been listed on the Hong Kong Stock Exchange since 2007, and its American depositary shares trade over-the-counter in the United States under the symbol HAIIF.

Haitian’s product portfolio encompasses hydraulic, all-electric and hybrid injection molding machines, along with auxiliary equipment and automation solutions.