China Resources Building Materials Technology Holdings Limited (OTCMKTS:CARCY) Sees Large Growth in Short Interest

China Resources Building Materials Technology Holdings Limited (OTCMKTS:CARCY - Get Free Report) was the target of a large increase in short interest in January. As of January 31st, there was short interest totalling 200 shares, an increase of 100.0% from the January 15th total of 100 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 2.0 days.

China Resources Building Materials Technology Stock Performance

Shares of CARCY remained flat at $6.05 during mid-day trading on Monday. 5 shares of the stock were exchanged, compared to its average volume of 17. The stock's 50-day simple moving average is $6.08 and its 200-day simple moving average is $6.71. China Resources Building Materials Technology has a fifty-two week low of $3.86 and a fifty-two week high of $8.81. The company has a market cap of $1.41 billion, a P/E ratio of 46.54 and a beta of 0.09.

About China Resources Building Materials Technology

China Resources Building Materials Technology Holdings Limited, an investment holding company, manufactures and sells cement, concrete, aggregates, and related products and services in Mainland China. It operates through Cement, Concrete, and Aggregates and Others segments. The company engages in the excavation of limestone; and production, sale, and distribution of cement, clinker, and concrete.