Xinyi Solar Holdings Limited (OTCMKTS: XNYIF – Get a rating) was the target of a sharp decline in short-term interest in May. As of May 31, there was short interest totaling 5,090,700 shares, down 33.5% from the May 15 total of 7,656,700 shares. Based on an average trading volume of 100 shares, the short-term interest rate ratio is currently 50,907.0 days.
Shares of Xinyi Solar Action opened at $1.83 on Tuesday. The company’s 50-day simple moving average is $1.61 and its 200-day simple moving average is $1.67. Xinyi Solar has a 12-month low of $1.41 and a 12-month high of $2.47.
Xinyi Solar Company Profile (Get a rating)
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, solar glass sales and solar farm business. The company offers photovoltaic power plants, ultra-clear pattern glasses, rear glasses and AR photovoltaic glasses.
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