China Conch Venture Holdings Limited (OTCMKTS:CCVTF) Sees Large Increase in Short Interest

China Conch Venture Holdings Limited (OTCMKTS:CCVTFGet Free Report) was the target of a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 769,500 shares, an increase of 289.6% from the May 31st total of 197,500 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ? days.

China Conch Venture Stock Performance

China Conch Venture stock opened at $1.17 on Friday. China Conch Venture has a 52 week low of $0.94 and a 52 week high of $1.17. The stock has a 50-day moving average price of $1.17 and a 200 day moving average price of $1.17.

China Conch Venture Company Profile

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China Conch Venture Holdings Limited, trading OTC under the ticker CCVTF, is a Hong Kong–listed subsidiary of Anhui Conch Cement, one of China’s largest cement producers by volume. The company focuses on the manufacture and sale of specialized chemical materials that support the building, construction and related industrial sectors.

Its core product portfolio includes vinyl acetate monomer (VAM) and derivatives such as polyvinyl acetate emulsions and water-based adhesives, which find application in paints, coatings, paper, textiles and packaging.

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