Anhui Conch Cement Company Limited (OTCMKTS:AHCHY) Sees Large Decrease in Short Interest

Anhui Conch Cement Company Limited (OTCMKTS:AHCHY) was the target of a significant decrease in short interest in August. As of August 31st, there was short interest totalling 2,000 shares, a decrease of 47.4% from the August 15th total of 3,800 shares. Based on an average daily trading volume, of 43,000 shares, the days-to-cover ratio is presently 0.0 days.

Anhui Conch Cement Stock Performance

Anhui Conch Cement stock opened at $10.84 on Friday. The stock’s fifty day moving average price is $11.63 and its two-hundred day moving average price is $11.57. Anhui Conch Cement has a one year low of $9.82 and a one year high of $13.91.

About Anhui Conch Cement

Anhui Conch Cement Company Limited, together with its subsidiaries, manufactures, sells, and trades in clinker and cement products. The company operates through five segments: Eastern China, Central China, Southern China, Western China, and Overseas. It provides construction and installation services for industrial purposes; logistic services; and mining and related services.