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 October. As of October 31st, there was short interest totalling 21,064,000 shares, an increase of 108.8% from the October 15th total of 10,088,800 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 210,640.0 days.

Xinyi Solar Stock Performance

XNYIF opened at $0.41 on Friday. Xinyi Solar has a twelve month low of $0.35 and a twelve month high of $0.82. The company has a 50-day moving average price of $0.44 and a 200 day moving average price of $0.52.

About Xinyi Solar

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.