Anhui Conch Cement Co. (OTCMKTS:AHCHY) Short Interest Update

Anhui Conch Cement Co. (OTCMKTS:AHCHY) was the target of a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 1,619 shares, a decline of 97.3% from the June 15th total of 59,241 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 143,575 shares, the days-to-cover ratio is currently 0.0 days.

Anhui Conch Cement Stock Performance

AHCHY traded up $0.10 during trading on Friday, hitting $10.75. The stock had a trading volume of 57,498 shares, compared to its average volume of 66,977. The firm has a market cap of $11.35 billion, a PE ratio of 9.95 and a beta of 0.21. The company has a 50 day simple moving average of $11.75 and a 200-day simple moving average of $13.60. The company has a current ratio of 3.19, a quick ratio of 2.92 and a debt-to-equity ratio of 0.10. Anhui Conch Cement has a 12 month low of $10.60 and a 12 month high of $17.11.

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.