The Monarch Cement Co. (OTCMKTS:MCEM) Sees Significant Increase in Short Interest

The Monarch Cement Co. (OTCMKTS:MCEM) was the recipient of a large increase in short interest in July. As of July 31st, there was short interest totaling 78 shares, an increase of 1,850.0% from the July 15th total of 4 shares. Based on an average daily trading volume, of 1,278 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Monarch Cement Stock Up 0.4%

Shares of OTCMKTS:MCEM traded up $1.00 on Tuesday, hitting $275.00. 954 shares of the company traded hands, compared to its average volume of 579. The stock has a 50 day simple moving average of $280.16 and a 200-day simple moving average of $266.79. The company has a market cap of $1.03 billion, a PE ratio of 14.06 and a beta of 0.42. Monarch Cement has a 52 week low of $207.00 and a 52 week high of $299.75.

Monarch Cement (OTCMKTS:MCEM) last issued its earnings results on Monday, August 10th. The construction company reported $5.65 EPS for the quarter. Monarch Cement had a return on equity of 14.75% and a net margin of 24.43%.The business had revenue of $69.74 million for the quarter.

Monarch Cement Company Profile

The Monarch Cement Company engages in the manufacture and sale of portland cement in the United States. The company also provides masonry cement, ready-mixed concrete, concrete products, and sundry building materials. It primarily serves contractors, ready-mixed concrete plants, concrete products plants, building materials dealers, and governmental agencies. The company sells its products principally in the State of Kansas, the State of Iowa, southeast Nebraska, western Missouri, northwest Arkansas, and northern Oklahoma.