China National Building Material Company Limited (OTCMKTS:CBUMY – Get Free Report) saw a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 138 shares, a decrease of 35.5% from the June 30th total of 214 shares. Based on an average trading volume of 138 shares, the days-to-cover ratio is currently 1.0 days.
China National Building Material Price Performance
China National Building Material stock opened at $20.98 on Friday. The company’s 50 day simple moving average is $29.68 and its 200 day simple moving average is $31.74. China National Building Material has a fifty-two week low of $20.31 and a fifty-two week high of $40.27.
China National Building Material Company Profile
China National Building Material Company Ltd. (OTCMKTS: CBUMY) is a leading Chinese state-owned conglomerate specializing in the production and distribution of building materials and related equipment. The company’s core products include cement, lightweight building boards, fiber cement, and glass fiber materials. Through its subsidiaries, CNBM supplies a wide array of construction inputs used in residential, commercial, and infrastructure projects.
In addition to materials manufacturing, CNBM is active in engineering and equipment design for the construction industry.
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