Xinyi Solar Holdings Limited (OTCMKTS:XNYIF) Sees Large Decrease in Short Interest

Xinyi Solar Holdings Limited (OTCMKTS:XNYIF) was the target of a large decrease in short interest in the month of January. As of January 31st, there was short interest totalling 32,896,500 shares, a decrease of 42.8% from the January 15th total of 57,513,200 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 328,965.0 days.

Xinyi Solar Trading Up 13.8 %

Shares of OTCMKTS:XNYIF opened at $0.45 on Thursday. Xinyi Solar has a 52-week low of $0.35 and a 52-week high of $0.82. The business’s 50 day simple moving average is $0.41 and its two-hundred day simple moving average is $0.42.

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.