Short Interest in The Monarch Cement Co. (OTCMKTS:MCEM) Increases By 506.2%

The Monarch Cement Co. (OTCMKTS:MCEM) was the target of a large increase in short interest in June. As of June 15th, there was short interest totaling 97 shares, an increase of 506.2% from the May 31st total of 16 shares. Based on an average daily trading volume, of 490 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are short sold.

Monarch Cement Trading Up 2.5%

Shares of Monarch Cement stock traded up $6.98 on Friday, hitting $286.99. 574 shares of the company traded hands, compared to its average volume of 611. Monarch Cement has a 12-month low of $207.00 and a 12-month high of $299.75. The company has a market cap of $1.07 billion, a P/E ratio of 14.67 and a beta of 0.40. The firm’s 50-day simple moving average is $278.50 and its 200 day simple moving average is $256.87.

Monarch Cement (OTCMKTS:MCEM) last announced its earnings results on Friday, May 8th. The construction company reported $3.03 earnings per share (EPS) for the quarter. Monarch Cement had a net margin of 24.43% and a return on equity of 14.75%. The company had revenue of $49.37 million during the quarter.

Monarch Cement Company Profile

The Monarch Cement Company engages in the manufacture and sale of portland cement in the United States. The company also provides masonry cement, ready-mixed concrete, concrete products, and sundry building materials. It primarily serves contractors, ready-mixed concrete plants, concrete products plants, building materials dealers, and governmental agencies. The company sells its products principally in the State of Kansas, the State of Iowa, southeast Nebraska, western Missouri, northwest Arkansas, and northern Oklahoma.