China Resources Building Materials Technology Holdings Limited (OTCMKTS:CARCY) Short Interest Up 16.7% in June

China Resources Building Materials Technology Holdings Limited (OTCMKTS:CARCY) saw a large growth in short interest during the month of June. As of June 15th, there was short interest totalling 700 shares, a growth of 16.7% from the May 31st total of 600 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 7.0 days.

China Resources Building Materials Technology Price Performance

CARCY stock opened at $5.26 on Tuesday. The company has a market capitalization of $1.22 billion, a P/E ratio of 11.95 and a beta of 0.11. China Resources Building Materials Technology has a 12 month low of $3.86 and a 12 month high of $12.40. The firm’s fifty day simple moving average is $5.44 and its 200-day simple moving average is $5.31.

China Resources Building Materials Technology Cuts Dividend

The business also recently declared a dividend, which will be paid on Thursday, August 1st. Shareholders of record on Friday, May 31st will be given a dividend of $0.0219 per share. The ex-dividend date of this dividend is Friday, May 31st. China Resources Building Materials Technology’s dividend payout ratio is currently 9.09%.

About China Resources Building Materials Technology

China Resources Building Materials Technology Holdings Limited, an investment holding company, manufactures and sells cement, concrete, aggregates, and related products and services in Mainland China. It operates through Cement, Concrete, and Aggregates and Others segments. The company engages in the excavation of limestone; and production, sale, and distribution of cement, clinker, and concrete.