Short Interest in Anhui Conch Cement Company Limited (OTCMKTS:AHCHY) Grows By 56.8%

Anhui Conch Cement Company Limited (OTCMKTS:AHCHY) was the recipient of a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 21,800 shares, an increase of 56.8% from the October 15th total of 13,900 shares. Based on an average trading volume of 18,000 shares, the short-interest ratio is presently 1.2 days.

Anhui Conch Cement Trading Down 2.1 %

Shares of AHCHY opened at $13.20 on Friday. The company has a quick ratio of 3.03, a current ratio of 3.40 and a debt-to-equity ratio of 0.08. The firm’s 50 day moving average is $13.41 and its 200-day moving average is $12.46. Anhui Conch Cement has a 12-month low of $9.82 and a 12-month high of $17.19.

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.