Short Interest in Anhui Conch Cement Co. (OTCMKTS:AHCHY) Grows By 2,531.9%

Anhui Conch Cement Co. (OTCMKTS:AHCHY) was the target of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 42,610 shares, a growth of 2,531.9% from the June 30th total of 1,619 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 183,373 shares, the short-interest ratio is presently 0.2 days.

Anhui Conch Cement Trading Down 1.1%

OTCMKTS AHCHY traded down $0.13 on Friday, hitting $11.40. The company’s stock had a trading volume of 16,991 shares, compared to its average volume of 66,816. The firm has a market cap of $12.02 billion, a P/E ratio of 10.56 and a beta of 0.21. Anhui Conch Cement has a 52-week low of $10.52 and a 52-week high of $17.11. The company’s 50-day simple moving average is $11.38 and its 200 day simple moving average is $13.34. The company has a current ratio of 3.64, a quick ratio of 3.30 and a debt-to-equity ratio of 0.10.

Anhui Conch Cement Company Profile

Anhui Conch Cement Company Limited (OTCMKTS: AHCHY) is one of China’s leading cement manufacturers, specializing in the production and sale of cement, clinker and related building materials. Headquartered in Wuhu, Anhui Province, the company operates an integrated network of production facilities that serve residential, commercial and infrastructure markets across multiple regions in China. Its product portfolio covers a broad range of cement types, including ordinary portland cement, blended cement and special-purpose cements for roads and high?performance construction projects.

Established in 1997 as part of the Anhui Conch Group’s expansion into building materials, Anhui Conch Cement was listed on the Shanghai Stock Exchange in 2003.