Anhui Conch Cement Company Limited (OTCMKTS:AHCHY) Short Interest Update

Anhui Conch Cement Company Limited (OTCMKTS:AHCHY - Get Free Report) was the target of a large increase in short interest in October. As of October 15th, there was short interest totalling 13,900 shares, an increase of 969.2% from the September 30th total of 1,300 shares. Based on an average trading volume of 32,300 shares, the days-to-cover ratio is currently 0.4 days.

Anhui Conch Cement Price Performance

AHCHY stock traded up $0.47 during mid-day trading on Friday, reaching $14.26. 6,369 shares of the company's stock were exchanged, compared to its average volume of 35,382. The company has a debt-to-equity ratio of 0.08, a current ratio of 3.40 and a quick ratio of 3.03. Anhui Conch Cement has a 12-month low of $9.82 and a 12-month high of $17.19. The stock's 50 day moving average is $12.46 and its 200 day moving average is $12.14. The company has a market cap of $15.11 billion, a price-to-earnings ratio of 8.59 and a beta of 0.34.

About Anhui Conch Cement

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.