Short Interest in Anhui Conch Cement Company Limited (OTCMKTS:AHCHY) Rises By 969.2%

Anhui Conch Cement Company Limited (OTCMKTS:AHCHY) was the target of a significant increase in short interest during the month of October. As of October 15th, there was short interest totalling 13,900 shares, an increase of 969.2% from the September 30th total of 1,300 shares. Based on an average daily volume of 32,300 shares, the short-interest ratio is currently 0.4 days.

Anhui Conch Cement Stock Up 3.4 %

Shares of OTCMKTS:AHCHY opened at $14.26 on Friday. Anhui Conch Cement has a 1 year low of $9.82 and a 1 year high of $17.19. The company has a market capitalization of $15.11 billion, a PE ratio of 8.59 and a beta of 0.34. The business has a fifty day moving average price of $12.46 and a two-hundred day moving average price of $12.15. The company has a debt-to-equity ratio of 0.08, a current ratio of 3.40 and a quick ratio of 3.03.

Anhui Conch Cement Company Profile

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.