Anhui Conch Cement Company Limited (OTCMKTS:AHCHY) Sees Large Growth in Short Interest

Anhui Conch Cement Company Limited (OTCMKTS:AHCHY) was the recipient of a large growth in short interest in the month of October. As of October 15th, there was short interest totalling 13,900 shares, a growth of 969.2% from the September 30th total of 1,300 shares. Based on an average daily trading volume, of 32,300 shares, the short-interest ratio is currently 0.4 days.

Anhui Conch Cement Stock Performance

Shares of AHCHY opened at $14.26 on Friday. The firm has a market cap of $15.11 billion, a P/E ratio of 8.59 and a beta of 0.34. Anhui Conch Cement has a twelve month low of $9.82 and a twelve month high of $17.19. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.03 and a current ratio of 3.40. The firm’s 50 day moving average price is $12.46 and its two-hundred day moving average price is $12.14.

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.