Anhui Conch Cement Co. (OTCMKTS:AHCHY) Short Interest Up 1,307.6% in August

Anhui Conch Cement Co. (OTCMKTS:AHCHY) was the recipient of a large growth in short interest in August. As of August 14th, there was short interest totaling 40,962 shares, a growth of 1,307.6% from the July 30th total of 2,910 shares. Based on an average daily trading volume, of 51,317 shares, the short-interest ratio is currently 0.8 days. Currently, 0.0% of the shares of the stock are sold short.

Anhui Conch Cement Price Performance

Anhui Conch Cement stock traded down $0.14 during trading on Tuesday, reaching $11.03. The company had a trading volume of 23,807 shares, compared to its average volume of 32,641. The firm has a market capitalization of $11.62 billion, a PE ratio of 10.21 and a beta of 0.21. The firm’s 50-day simple moving average is $11.14 and its 200 day simple moving average is $12.73. The company has a debt-to-equity ratio of 0.10, a quick ratio of 3.30 and a current ratio of 3.64. Anhui Conch Cement has a 1-year low of $10.52 and a 1-year high of $17.11.

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.