Xinyi Glass Holdings Limited (OTCMKTS:XYIGF – Get Rating) was the recipient of a large drop in short interest during the month of August. As of August 31st, there was short interest totalling 2,849,000 shares, a drop of 50.4% from the August 15th total of 5,747,000 shares. Based on an average daily volume of 42,900 shares, the days-to-cover ratio is presently 66.4 days.
Xinyi Glass Trading Down 1.6 %
Shares of OTCMKTS:XYIGF opened at $1.77 on Wednesday. The company's 50-day moving average price is $2.00 and its 200 day moving average price is $2.23. Xinyi Glass has a fifty-two week low of $1.74 and a fifty-two week high of $3.34.
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Xinyi Glass Holdings Limited, an investment holding company, produces and sells automobile, construction, float, and other glass products for commercial and industrial applications. The company operates through three segments: Float Glass, Automobile Glass, and Architectural Glass. It is also involved in the manufacturing and sale of automobile rubber and plastic components, as well as electronic glass; trading of automobile glass; and research and trading of glass.See Also
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