China National Building Material Company Limited (OTCMKTS:CBUMY) Sees Significant Drop in Short Interest

China National Building Material Company Limited (OTCMKTS:CBUMY) was the target of a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 200 shares, a decline of 94.7% from the February 28th total of 3,800 shares. Based on an average daily trading volume, of 900 shares, the short-interest ratio is presently 0.2 days.

China National Building Material Stock Performance

Shares of CBUMY remained flat at $25.98 on Friday. China National Building Material has a one year low of $13.10 and a one year high of $26.34. The company has a 50 day moving average of $24.92 and a 200-day moving average of $22.08.

China National Building Material Company Profile

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.