The Siam Cement Public Company Limited (OTCMKTS:SCVPY – Get Free Report) saw a significant increase in short interest in July. As of July 15th, there was short interest totaling 310 shares, an increase of 68.5% from the June 30th total of 184 shares. Based on an average daily volume of 546 shares, the days-to-cover ratio is currently 0.6 days.
Siam Cement Public Stock Performance
Shares of OTCMKTS:SCVPY opened at $8.02 on Friday. The firm has a 50 day simple moving average of $7.75 and a 200-day simple moving average of $6.55. Siam Cement Public has a twelve month low of $6.51 and a twelve month high of $8.02.
About Siam Cement Public
Siam Cement Public Company Limited, known as SCG, is one of Thailand’s largest industrial conglomerates with core operations in cement, building materials, chemicals and packaging. Established in 1913 by royal charter, the company has grown from its beginnings as a state?promoted cement producer into a diversified group serving markets across Southeast Asia and beyond. Headquartered in Bangkok, SCG combines a mix of state and institutional shareholding with private investment to maintain its position as a leading regional supplier of construction and industrial products.
In its Cement?Building Materials business, SCG manufactures and markets cement, concrete, mortar, roofing products, ceramic tiles, pipes and related construction materials under a variety of well-known brands.
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