Short Interest in Anhui Conch Cement Co. (OTCMKTS:AHCHY) Grows By 114.4%

Anhui Conch Cement Co. (OTCMKTS:AHCHY) was the recipient of a large growth in short interest in the month of March. As of March 13th, there was short interest totaling 72,666 shares, a growth of 114.4% from the February 26th total of 33,900 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 55,641 shares, the days-to-cover ratio is presently 1.3 days.

Anhui Conch Cement Stock Performance

Shares of AHCHY opened at $13.82 on Thursday. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.23 and a quick ratio of 2.93. Anhui Conch Cement has a one year low of $11.82 and a one year high of $17.11. The firm has a market capitalization of $14.59 billion, a P/E ratio of 11.15 and a beta of 0.19. The business has a fifty day moving average of $15.24 and a 200 day moving average of $15.08.

Anhui Conch Cement Company Profile

Anhui Conch Cement Company Limited (OTCMKTS: AHCHY) is one of China’s leading cement manufacturers, specializing in the production and sale of cement, clinker and related building materials. Headquartered in Wuhu, Anhui Province, the company operates an integrated network of production facilities that serve residential, commercial and infrastructure markets across multiple regions in China. Its product portfolio covers a broad range of cement types, including ordinary portland cement, blended cement and special-purpose cements for roads and high‐performance construction projects.

Established in 1997 as part of the Anhui Conch Group’s expansion into building materials, Anhui Conch Cement was listed on the Shanghai Stock Exchange in 2003.