Short Interest in Anhui Conch Cement Co. (OTCMKTS:AHCHY) Drops By 44.9%

Anhui Conch Cement Co. (OTCMKTS:AHCHY) saw a significant decrease in short interest in the month of December. As of December 15th, there was short interest totaling 2,223 shares, a decrease of 44.9% from the November 30th total of 4,031 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 20,301 shares, the short-interest ratio is currently 0.1 days. Based on an average daily trading volume, of 20,301 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Anhui Conch Cement Stock Performance

Shares of Anhui Conch Cement stock opened at $14.81 on Friday. The company has a quick ratio of 2.93, a current ratio of 3.23 and a debt-to-equity ratio of 0.10. The firm’s 50 day moving average price is $14.98 and its 200-day moving average price is $14.77. Anhui Conch Cement has a 52-week low of $11.82 and a 52-week high of $17.11.

Anhui Conch Cement (OTCMKTS:AHCHY) last released its quarterly earnings results on Thursday, October 30th. The company reported $0.26 EPS for the quarter. Anhui Conch Cement had a return on equity of 4.68% and a net margin of 11.15%.The company had revenue of $2.80 billion during the quarter.

Anhui Conch Cement Company Profile

Anhui Conch Cement Company Limited (OTCMKTS: AHCHY) is one of China’s leading cement manufacturers, specializing in the production and sale of cement, clinker and related building materials. Headquartered in Wuhu, Anhui Province, the company operates an integrated network of production facilities that serve residential, commercial and infrastructure markets across multiple regions in China. Its product portfolio covers a broad range of cement types, including ordinary portland cement, blended cement and special-purpose cements for roads and high‐performance construction projects.

Established in 1997 as part of the Anhui Conch Group’s expansion into building materials, Anhui Conch Cement was listed on the Shanghai Stock Exchange in 2003.