The Monarch Cement Co. (OTCMKTS:MCEM) Short Interest Down 57.9% in April

The Monarch Cement Co. (OTCMKTS:MCEM) saw a significant drop in short interest in April. As of April 30th, there was short interest totaling 32 shares, a drop of 57.9% from the April 15th total of 76 shares. Based on an average daily trading volume, of 843 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Monarch Cement Trading Down 0.3%

Shares of OTCMKTS:MCEM traded down $0.82 during midday trading on Friday, hitting $289.08. 114 shares of the stock were exchanged, compared to its average volume of 1,039. The stock has a market cap of $1.08 billion, a P/E ratio of 14.78 and a beta of 0.35. Monarch Cement has a twelve month low of $207.00 and a twelve month high of $290.00. The company has a 50 day moving average price of $259.60 and a 200-day moving average price of $242.44.

Monarch Cement (OTCMKTS:MCEM) last released its quarterly earnings results on Friday, May 8th. The construction company reported $3.03 earnings per share (EPS) for the quarter. Monarch Cement had a return on equity of 14.90% and a net margin of 24.43%.The business had revenue of $49.37 million during the quarter.

Monarch Cement Company Profile

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.