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

Xinyi Solar Holdings Limited (OTCMKTS:XNYIF) saw a large increase in short interest in December. As of December 15th, there was short interest totalling 44,331,500 shares, an increase of 45.1% from the November 30th total of 30,561,500 shares. Based on an average trading volume of 3,100 shares, the days-to-cover ratio is currently 14,300.5 days.

Xinyi Solar Price Performance

Shares of OTCMKTS XNYIF opened at $0.39 on Friday. The business’s 50-day simple moving average is $0.43 and its 200-day simple moving average is $0.46. Xinyi Solar has a 52 week low of $0.35 and a 52 week high of $0.82.

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.