Anhui Conch Cement Company Limited (OTCMKTS:AHCHY) Sees Significant Increase in Short Interest

Anhui Conch Cement Company Limited (OTCMKTS:AHCHY) was the recipient of a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 1,800 shares, a growth of 38.5% from the November 30th total of 1,300 shares. Based on an average daily volume of 39,100 shares, the days-to-cover ratio is currently 0.0 days.

Anhui Conch Cement Stock Down 0.7 %

Anhui Conch Cement stock traded down $0.09 during midday trading on Friday, reaching $12.68. The stock had a trading volume of 32,274 shares, compared to its average volume of 32,437. Anhui Conch Cement has a 1-year low of $9.82 and a 1-year high of $17.19. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.03 and a current ratio of 3.40. The firm’s fifty day simple moving average is $13.55 and its 200-day simple moving average is $12.65. The stock has a market capitalization of $13.44 billion, a P/E ratio of 7.64 and a beta of 0.29.

About Anhui Conch Cement

Anhui Conch Cement Company Limited, together with its subsidiaries, manufactures, sells, and trades in clinker and cement products. The company operates through five segments: Eastern China, Central China, Southern China, Western China, and Overseas. It provides construction and installation services for industrial purposes; logistic services; and mining and related services.