Anhui Conch Cement Company Limited (OTCMKTS:AHCHY) Sees Significant Increase in Short Interest

Anhui Conch Cement Company Limited (OTCMKTS:AHCHY) was the target of a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 29,100 shares, an increase of 33.5% from the October 31st total of 21,800 shares. Based on an average daily volume of 32,900 shares, the days-to-cover ratio is presently 0.9 days.

Anhui Conch Cement Price Performance

AHCHY stock opened at $12.95 on Monday. The business’s 50-day moving average is $13.96 and its 200 day moving average is $12.57. Anhui Conch Cement has a 12-month low of $9.82 and a 12-month high of $17.19. The company has a current ratio of 3.40, a quick ratio of 3.03 and a debt-to-equity ratio of 0.08.

Anhui Conch Cement Company Profile

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.