China Conch Venture Holdings Limited (OTCMKTS:CCVTF – Get Free Report) was the recipient of a significant decline in short interest during the month of May. As of May 15th, there was short interest totaling 197,500 shares, a decline of 83.6% from the April 30th total of 1,206,415 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ? days.
China Conch Venture Stock Performance
China Conch Venture stock remained flat at $1.17 during mid-day trading on Friday. China Conch Venture has a one year low of $0.94 and a one year high of $1.17. The business’s fifty day simple moving average is $1.17 and its two-hundred day simple moving average is $1.17.
About China Conch Venture
China Conch Venture Holdings Limited, trading OTC under the ticker CCVTF, is a Hong Kong–listed subsidiary of Anhui Conch Cement, one of China’s largest cement producers by volume. The company focuses on the manufacture and sale of specialized chemical materials that support the building, construction and related industrial sectors.
Its core product portfolio includes vinyl acetate monomer (VAM) and derivatives such as polyvinyl acetate emulsions and water-based adhesives, which find application in paints, coatings, paper, textiles and packaging.
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