Short Interest in Xinyi Solar Holdings Limited (OTCMKTS:XNYIF) Decreases By 62.8%

Xinyi Solar Holdings Limited (OTCMKTS:XNYIF) was the recipient of a significant decline in short interest in March. As of March 15th, there was short interest totalling 1,238,100 shares, a decline of 62.8% from the February 29th total of 3,325,500 shares. Based on an average daily volume of 1,300 shares, the short-interest ratio is presently 952.4 days.

Xinyi Solar Price Performance

XNYIF opened at $0.81 on Friday. Xinyi Solar has a 1-year low of $0.41 and a 1-year high of $1.29. The company has a fifty day moving average price of $0.58 and a two-hundred day moving average price of $0.62.

Xinyi Solar Company Profile

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.