Daqo New Energy

DQ

Daqo New Energy Corp. is a Chinese company engaged in the manufacture of monocrystalline silicon (mono-Si) and polysilicon (poly-Si), primarily for use in solar photovoltaic systems. The company operates a mono-Si and poly-Si manufacturing facility located in Shihezi, Xinjiang Province, China. Daqo formerly manufactured silicon wafers at a facility in Chongqing, China (discontinued in 2018) and photovoltaic modules at a facility in Nanjing, China (discontinued in 2012).

Daqo New Energy has been a target of short sellers for a while. The current short interest of 7.46% is significantly above the average of the last 12 months (4.45%).