Short Interest in Anhui Conch Cement Company Limited (OTCMKTS:AHCHY) Grows By 33.5%

Anhui Conch Cement Company Limited (OTCMKTS:AHCHY - Get Free Report) saw a significant growth in short interest in November. As of November 15th, there was short interest totalling 29,100 shares, a growth of 33.5% from the October 31st total of 21,800 shares. Based on an average daily volume of 32,900 shares, the short-interest ratio is currently 0.9 days.

Anhui Conch Cement Stock Performance

AHCHY stock traded down $0.31 during mid-day trading on Friday, hitting $12.95. The company had a trading volume of 6,280 shares, compared to its average volume of 33,284. The firm has a market cap of $13.73 billion, a PE ratio of 7.80 and a beta of 0.33. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.03 and a current ratio of 3.40. Anhui Conch Cement has a 12 month low of $9.82 and a 12 month high of $17.19. The stock's fifty day moving average price is $13.96 and its two-hundred day moving average price is $12.57.

Anhui Conch Cement Company Profile

Anhui Conch Cement Company Limited, together with its subsidiaries, manufactures, sells, and trades in clinker and cement products. The company operates through five segments: Eastern China, Central China, Southern China, Western China, and Overseas. It provides construction and installation services for industrial purposes; logistic services; and mining and related services.