Xinyi Glass Holdings Limited (OTCMKTS:XYIGF) Sees Large Increase in Short Interest

Xinyi Glass Holdings Limited (OTCMKTS:XYIGF - Get Free Report) was the target of a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 24,165,700 shares, an increase of 44.8% from the January 31st total of 16,693,300 shares. Based on an average daily volume of 700 shares, the short-interest ratio is currently 34,522.4 days.

Xinyi Glass Stock Performance

Shares of XYIGF stock remained flat at $0.94 on Thursday. Xinyi Glass has a fifty-two week low of $0.84 and a fifty-two week high of $1.33. The stock's 50 day moving average price is $0.93 and its 200-day moving average price is $0.95.

Analyst Upgrades and Downgrades

Separately, Citigroup lowered Xinyi Glass from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, January 7th.

Xinyi Glass Company Profile

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.