The Monarch Cement Co. (OTCMKTS:MCEM) Sees Large Increase in Short Interest

The Monarch Cement Co. (OTCMKTS:MCEM) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 232 shares, a growth of 42.3% from the December 31st total of 163 shares. Based on an average trading volume of 1,690 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 1,690 shares, the short-interest ratio is currently 0.1 days.

Monarch Cement Stock Performance

Shares of Monarch Cement stock opened at $239.00 on Friday. The stock has a 50 day moving average of $231.58 and a 200 day moving average of $230.53. The firm has a market capitalization of $874.74 million, a price-to-earnings ratio of 15.62 and a beta of 0.44. Monarch Cement has a fifty-two week low of $206.00 and a fifty-two week high of $259.80.

Monarch Cement (OTCMKTS:MCEM) last announced its quarterly earnings results on Wednesday, November 12th. The construction company reported $6.44 EPS for the quarter. The business had revenue of $73.05 million for the quarter. Monarch Cement had a return on equity of 11.63% and a net margin of 19.60%.

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.