Short Interest in China National Building Material Company Limited (OTCMKTS:CBUMY) Declines By 50.0%

China National Building Material Company Limited (OTCMKTS:CBUMY) saw a large decrease in short interest in March. As of March 31st, there was short interest totalling 100 shares, a decrease of 50.0% from the March 15th total of 200 shares. Based on an average trading volume of 4,400 shares, the days-to-cover ratio is currently 0.0 days.

China National Building Material Trading Up 5.7 %

CBUMY stock traded up $1.41 on Wednesday, reaching $25.97. 108 shares of the company were exchanged, compared to its average volume of 1,534. The stock’s fifty day moving average price is $25.43 and its 200 day moving average price is $23.22. China National Building Material has a 12 month low of $13.10 and a 12 month high of $27.85.

About China National Building Material

China National Building Material Company Limited, an investment holding company, engages in building material, new materials, and engineering technical services businesses. The company operates through five segments: Cement, Concrete, New materials, Engineering Technology Services, and Others. It produces and sells cement, concrete, and fibreglass, as well as composite and light building materials.