Anhui Conch Cement Co. (OTCMKTS:AHCHY) Short Interest Update
by Danessa Lincoln · The Markets DailyAnhui Conch Cement Co. (OTCMKTS:AHCHY – Get Free Report) saw a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 42,610 shares, an increase of 2,531.9% from the June 30th total of 1,619 shares. Based on an average daily trading volume, of 183,373 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the company’s shares are short sold.
Anhui Conch Cement Trading Down 1.1%
OTCMKTS:AHCHY traded down $0.13 during midday trading on Friday, reaching $11.40. 16,991 shares of the stock traded hands, compared to its average volume of 66,816. The company has a fifty day moving average of $11.38 and a 200 day moving average of $13.34. Anhui Conch Cement has a 12 month low of $10.52 and a 12 month high of $17.11. The company has a debt-to-equity ratio of 0.10, a quick ratio of 3.30 and a current ratio of 3.64. The stock has a market capitalization of $12.02 billion, a P/E ratio of 10.56 and a beta of 0.21.
About Anhui Conch Cement
Anhui Conch Cement Company Limited (OTCMKTS: AHCHY) is one of China’s leading cement manufacturers, specializing in the production and sale of cement, clinker and related building materials. Headquartered in Wuhu, Anhui Province, the company operates an integrated network of production facilities that serve residential, commercial and infrastructure markets across multiple regions in China. Its product portfolio covers a broad range of cement types, including ordinary portland cement, blended cement and special-purpose cements for roads and high‐performance construction projects.
Established in 1997 as part of the Anhui Conch Group’s expansion into building materials, Anhui Conch Cement was listed on the Shanghai Stock Exchange in 2003.