Short Interest in The Siam Cement Public Company Limited (OTCMKTS:SCVPF) Declines By 59.0%

The Siam Cement Public Company Limited (OTCMKTS:SCVPF) saw a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 25,025 shares, a decline of 59.0% from the June 30th total of 61,025 shares. Based on an average daily trading volume, of 400 shares, the days-to-cover ratio is currently 62.6 days.

Siam Cement Public Stock Performance

Shares of SCVPF opened at $4.89 on Wednesday. The company’s 50 day simple moving average is $4.89 and its 200-day simple moving average is $4.86. Siam Cement Public has a 12-month low of $4.89 and a 12-month high of $7.18.

Siam Cement Public Company Profile

Siam Cement Public Company Limited (OTCMKTS: SCVPF) is a diversified industrial conglomerate based in Thailand, with a history dating back to its establishment in 1913 as the country’s first cement manufacturer. Over more than a century, the company has expanded from its original focus on cement and building materials into a broad portfolio of businesses serving both domestic and international markets. Headquartered in Bangkok, Siam Cement Public operates as a publicly traded entity, offering investors exposure to a range of industrial sectors without disclosing financial metrics that may quickly become outdated.

The company’s operations are organized into three core business segments.