China National Building Material Company Limited (OTCMKTS:CBUMY) Short Interest Down 12.3% in January

China National Building Material Company Limited (OTCMKTS:CBUMY) was the target of a significant drop in short interest in January. As of January 31st, there was short interest totalling 5,000 shares, a drop of 12.3% from the January 15th total of 5,700 shares. Based on an average daily trading volume, of 1,200 shares, the days-to-cover ratio is presently 4.2 days.

China National Building Material Price Performance

CBUMY stock remained flat at $24.91 during trading on Friday. The company had a trading volume of 6 shares, compared to its average volume of 1,186. The business’s fifty day simple moving average is $23.18 and its 200 day simple moving average is $20.08. China National Building Material has a fifty-two week low of $13.10 and a fifty-two week high of $26.34.

About China National Building Material

China National Building Material Company Limited, an investment holding company, engages in building material, new materials, and engineering technical services businesses. The company operates through five segments: Cement, Concrete, New materials, Engineering Technology Services, and Others. It produces and sells cement, concrete, and fibreglass, as well as composite and light building materials.