The Siam Cement Public Company Limited (OTCMKTS:SCVPF) Short Interest Update

The Siam Cement Public Company Limited (OTCMKTS:SCVPF – Get Rating) was the recipient of a large increase in short interest in the month of April. As of April 30th, there was short interest totalling 657,300 shares, an increase of 391.6% from the April 15th total of 133,700 shares. Based on an average daily volume of 400 shares, the short-interest ratio is presently 1,643.3 days.

SCVPF stock opened at $11.08 on Friday. Siam Cement Public has a 12 month low of $11.00 and a 12 month high of $14.70. The company has a 50-day moving average price of $11.68 and a 200 day moving average price of $11.57.

Siam Cement Public Company Profile (Get Rating)

The Siam Cement Public Co Ltd. is an investment holding company, which engages in the business of industrial supplies and construction industries. It operates through the following segments: SCG Cement-Building Materials, SCG Chemicals, SCG Packaging, and Other. The SCG Cement-Building Materials segment manufactures and sells of grey cement, ready-mixed concrete, white cement, dry mortar, roof tiles, concrete paving blocks, ceramic tiles, sanitary wares, and sanitary fittings; and distribution of cement, building and decorative products, as well as importing fuel products, waste paper, and scrap iron.

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