The Monarch Cement Co. (OTCMKTS:MCEM) Short Interest Down 87.2% in December

The Monarch Cement Co. (OTCMKTS:MCEM) was the target of a significant drop in short interest in the month of December. As of December 15th, there was short interest totaling 40 shares, a drop of 87.2% from the November 30th total of 312 shares. Based on an average trading volume of 2,321 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 2,321 shares, the days-to-cover ratio is currently 0.0 days.

Monarch Cement Trading Up 4.7%

Shares of OTCMKTS MCEM traded up $10.49 during midday trading on Friday, reaching $234.50. The company’s stock had a trading volume of 3,474 shares, compared to its average volume of 1,595. The company has a market cap of $858.74 million, a price-to-earnings ratio of 15.33 and a beta of 0.44. The company has a 50 day moving average price of $220.32 and a 200 day moving average price of $230.26. Monarch Cement has a one year low of $206.00 and a one year high of $305.00.

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

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.