Short Interest in China BlueChemical Ltd. (OTCMKTS:CBLUY) Rises By 1,242.9%

China BlueChemical Ltd. (OTCMKTS:CBLUY) was the target of a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 94 shares, an increase of 1,242.9% from the April 30th total of 7 shares. Based on an average daily volume of 18 shares, the days-to-cover ratio is presently 5.2 days. Currently, 0.0% of the company’s stock are short sold.

China BlueChemical Stock Performance

OTCMKTS CBLUY remained flat at $19.78 during mid-day trading on Friday. The business has a 50 day simple moving average of $11.90 and a two-hundred day simple moving average of $9.76. China BlueChemical has a fifty-two week low of $11.19 and a fifty-two week high of $19.78. The company has a debt-to-equity ratio of 0.04, a quick ratio of 4.32 and a current ratio of 4.62.

About China BlueChemical

China BlueChemical Co, Ltd. is a leading producer of nitrogen-based fertilizers and chemical products in the People’s Republic of China. The company’s core activities include the manufacturing and sale of nitrogenous fertilizers—such as urea, ammonium bicarbonate and ammonium sulfate—as well as methanol and related chemical intermediates. These products serve both the agricultural sector, where they are used to enhance crop yields, and various industrial applications, including chemical synthesis and fuel blending.

Headquartered in Zibo, Shandong Province, China BlueChemical operates multiple production facilities strategically located near natural gas supplies, which underpins its ammonia and methanol production processes.