China Resources Building Materials Technology Holdings Limited (OTCMKTS:CARCY) Sees Large Increase in Short Interest

China Resources Building Materials Technology Holdings Limited (OTCMKTS:CARCY) was the target of a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 400 shares, an increase of 100.0% from the March 31st total of 200 shares. Based on an average daily trading volume, of 1,400 shares, the short-interest ratio is currently 0.3 days.

China Resources Building Materials Technology Trading Up 20.2 %

Shares of China Resources Building Materials Technology stock traded up $0.78 during mid-day trading on Friday, hitting $4.64. The stock had a trading volume of 1,653 shares, compared to its average volume of 521. The firm has a 50-day moving average of $4.84 and a two-hundred day moving average of $5.82. China Resources Building Materials Technology has a 12-month low of $3.86 and a 12-month high of $13.19. The company has a quick ratio of 0.61, a current ratio of 0.83 and a debt-to-equity ratio of 0.32. The firm has a market cap of $1.08 billion, a P/E ratio of 8.77 and a beta of 0.20.

China Resources Building Materials Technology Company Profile

China Resources Building Materials Technology Holdings Limited, an investment holding company, engages in manufacture and sale of cement, concrete, and related products and services in Mainland China and Hong Kong. It operates through Cement and Concrete segments. The company engages in the excavation of limestone; and production, sale, and distribution of cement, clinker, and concrete.