Short Interest in Anhui Conch Cement Co. (OTCMKTS:AHCHY) Rises By 1,307.6%

Anhui Conch Cement Co. (OTCMKTS:AHCHY) saw a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 40,962 shares, an increase of 1,307.6% from the July 30th total of 2,910 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 51,317 shares, the days-to-cover ratio is currently 0.8 days.

Anhui Conch Cement Price Performance

Shares of Anhui Conch Cement stock traded down $0.14 during trading hours on Tuesday, reaching $11.03. The stock had a trading volume of 23,807 shares, compared to its average volume of 32,641. The stock’s 50 day moving average is $11.14 and its 200 day moving average is $12.73. The firm has a market capitalization of $11.62 billion, a PE ratio of 10.21 and a beta of 0.21. Anhui Conch Cement has a twelve month low of $10.52 and a twelve month high of $17.11. The company has a current ratio of 3.64, a quick ratio of 3.30 and a debt-to-equity ratio of 0.10.

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.