Short Interest in The Monarch Cement Co. (OTCMKTS:MCEM) Decreases By 33.3%

The Monarch Cement Co. (OTCMKTS:MCEM) was the recipient of a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 4 shares, a decline of 33.3% from the June 30th total of 6 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 180 shares, the days-to-cover ratio is currently 0.0 days.

Monarch Cement Stock Performance

Shares of Monarch Cement stock opened at $270.00 on Friday. Monarch Cement has a 52-week low of $207.00 and a 52-week high of $299.75. The company has a fifty day moving average of $282.66 and a 200-day moving average of $265.34. The stock has a market capitalization of $1.01 billion, a price-to-earnings ratio of 13.80 and a beta of 0.40.

Monarch Cement (OTCMKTS:MCEM) last issued its earnings results on Friday, May 8th. The construction company reported $3.03 EPS for the quarter. The company had revenue of $49.37 million for the quarter. Monarch Cement had a net margin of 24.43% and a return on equity of 14.75%.

About Monarch Cement

The Monarch Cement Company engages in the manufacture and sale of portland cement in the United States. The company also provides masonry cement, ready-mixed concrete, concrete products, and sundry building materials. It primarily serves contractors, ready-mixed concrete plants, concrete products plants, building materials dealers, and governmental agencies. The company sells its products principally in the State of Kansas, the State of Iowa, southeast Nebraska, western Missouri, northwest Arkansas, and northern Oklahoma.