The Monarch Cement Co. (OTCMKTS:MCEM) Sees Large Increase in Short Interest

The Monarch Cement Co. (OTCMKTS:MCEM) was the target of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 78 shares, an increase of 1,850.0% from the July 15th total of 4 shares. Based on an average trading volume of 1,278 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Monarch Cement Stock Up 0.4%

OTCMKTS:MCEM traded up $1.00 during midday trading on Tuesday, hitting $275.00. The stock had a trading volume of 954 shares, compared to its average volume of 579. Monarch Cement has a one year low of $207.00 and a one year high of $299.75. The stock has a 50-day moving average of $280.16 and a 200 day moving average of $266.79. The company has a market capitalization of $1.03 billion, a price-to-earnings ratio of 14.06 and a beta of 0.42.

Monarch Cement (OTCMKTS:MCEM) last issued its quarterly earnings data on Monday, August 10th. The construction company reported $5.65 EPS for the quarter. The company had revenue of $69.74 million during the quarter. Monarch Cement had a net margin of 24.43% and a return on equity of 14.75%.

About Monarch Cement

The Monarch Cement Company engages in the manufacture and sale of portland cement in the United States. The company also provides masonry cement, ready-mixed concrete, concrete products, and sundry building materials. It primarily serves contractors, ready-mixed concrete plants, concrete products plants, building materials dealers, and governmental agencies. The company sells its products principally in the State of Kansas, the State of Iowa, southeast Nebraska, western Missouri, northwest Arkansas, and northern Oklahoma.