Haitian International Holdings Limited (OTCMKTS:HAIIF) Short Interest Up 2,179.9% in August

Haitian International Holdings Limited (OTCMKTS:HAIIF) was the target of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 296,387 shares, a growth of 2,179.9% from the July 30th total of 13,000 shares. Based on an average daily volume of 944 shares, the days-to-cover ratio is presently 314.0 days.

Haitian International Price Performance

Shares of OTCMKTS:HAIIF opened at $3.00 on Wednesday. The firm has a fifty day simple moving average of $2.87 and a two-hundred day simple moving average of $2.82. Haitian International has a 52 week low of $3.00 and a 52 week high of $3.09.

About Haitian International

Haitian International (OTCMKTS: HAIIF) is a leading manufacturer of plastic injection molding machinery based in Ningbo, China. Incorporated in the early 1990s as part of Haitian International Holdings, the company has grown to become one of the world’s top suppliers of injection molding equipment. Haitian International Holdings Limited has been listed on the Hong Kong Stock Exchange since 2007, and its American depositary shares trade over-the-counter in the United States under the symbol HAIIF.

Haitian’s product portfolio encompasses hydraulic, all-electric and hybrid injection molding machines, along with auxiliary equipment and automation solutions.