Short Interest in China Conch Venture Holdings Limited (OTCMKTS:CCVTF) Grows By 41.1%

China Conch Venture Holdings Limited (OTCMKTS:CCVTF) saw a significant increase in short interest in February. As of February 27th, there was short interest totaling 147,500 shares, an increase of 41.1% from the February 12th total of 104,500 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

China Conch Venture Price Performance

Shares of CCVTF stock opened at $1.17 on Friday. China Conch Venture has a 12-month low of $0.94 and a 12-month high of $1.17. The firm has a fifty day moving average of $1.16 and a 200-day moving average of $1.17.

China Conch Venture Company Profile

China Conch Venture Holdings Limited, trading OTC under the ticker CCVTF, is a Hong Kong–listed subsidiary of Anhui Conch Cement, one of China’s largest cement producers by volume. The company focuses on the manufacture and sale of specialized chemical materials that support the building, construction and related industrial sectors.

Its core product portfolio includes vinyl acetate monomer (VAM) and derivatives such as polyvinyl acetate emulsions and water-based adhesives, which find application in paints, coatings, paper, textiles and packaging.