Short Interest in China Conch Venture Holdings Limited (OTCMKTS:CCVTF) Expands By 289.6%

China Conch Venture Holdings Limited (OTCMKTS:CCVTFGet Free Report) was the recipient of a significant increase in short interest in June. As of June 15th, there was short interest totaling 769,500 shares, an increase of 289.6% from the May 31st total of 197,500 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

China Conch Venture Stock Performance

OTCMKTS:CCVTF opened at $1.17 on Monday. China Conch Venture has a 12 month low of $0.94 and a 12 month high of $1.17. The business’s 50-day moving average is $1.17 and its 200 day moving average is $1.17.

About China Conch Venture

(Get Free Report)

China Conch Venture Holdings Limited, trading OTC under the ticker CCVTF, is a Hong Kong–listed subsidiary of Anhui Conch Cement, one of China’s largest cement producers by volume. The company focuses on the manufacture and sale of specialized chemical materials that support the building, construction and related industrial sectors.

Its core product portfolio includes vinyl acetate monomer (VAM) and derivatives such as polyvinyl acetate emulsions and water-based adhesives, which find application in paints, coatings, paper, textiles and packaging.

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