Daqo New Energy Corp. ( NYSE:DQ – Get Rating ) was the target of a significant drop in short interest in the month of May. As of May 15th, there was short interest totalling 3,360,000 shares, a drop of 5.6% from the April 30th total of 3,560,000 shares. Based on an average daily trading volume, of 1,220,000 shares, the short-interest ratio is currently 2.8 days. Analyst Upgrades and Downgrades DQ has been the subject of a number of recent research reports. HSBC lifted their target price on Daqo New Energy from $44.

https://www.dailypolitical.com/2023/05/31/short-interest-in-daqo-new-energy-corp-nysedq-drops-by-5-6.html

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