Short Interest in China National Building Material Company Limited (OTCMKTS:CBUMY) Increases By 700.0%

China National Building Material Company Limited (OTCMKTS:CBUMY) saw a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 800 shares, an increase of 700.0% from the March 31st total of 100 shares. Based on an average daily volume of 500 shares, the days-to-cover ratio is currently 1.6 days.

China National Building Material Price Performance

OTCMKTS:CBUMY traded up $0.75 during trading hours on Thursday, hitting $18.61. 4,346 shares of the stock traded hands, compared to its average volume of 3,897. The firm has a 50 day moving average price of $18.87 and a 200 day moving average price of $20.66. China National Building Material has a fifty-two week low of $17.20 and a fifty-two week high of $38.20.

China National Building Material Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, July 12th. Shareholders of record on Monday, May 6th will be paid a dividend of $1.353 per share. The ex-dividend date is Friday, May 3rd.

About China National Building Material

China National Building Material Company Limited, an investment holding company, engages in building material, new materials, and engineering technical services businesses. The company operates through five segments: Cement, Concrete, New materials, Engineering Technology Services, and Others. It produces and sells cement, concrete, and fibreglass, as well as composite and light building materials.