Anhui Conch Cement Company Limited (OTCMKTS:AHCHY) Short Interest Update

Anhui Conch Cement Company Limited (OTCMKTS:AHCHY) was the target of a large increase in short interest in October. As of October 15th, there was short interest totalling 13,900 shares, an increase of 969.2% from the September 30th total of 1,300 shares. Based on an average trading volume of 32,300 shares, the days-to-cover ratio is presently 0.4 days.

Anhui Conch Cement Stock Up 3.4 %

AHCHY stock opened at $14.26 on Friday. The firm has a market capitalization of $15.11 billion, a PE ratio of 8.59 and a beta of 0.34. The company has a quick ratio of 3.03, a current ratio of 3.40 and a debt-to-equity ratio of 0.08. Anhui Conch Cement has a twelve month low of $9.82 and a twelve month high of $17.19. The stock’s 50 day moving average is $12.46 and its 200-day moving average is $12.15.

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.