Short Interest in Anhui Conch Cement Company Limited (OTCMKTS:AHCHY) Expands By 56.8%

Anhui Conch Cement Company Limited (OTCMKTS:AHCHY) saw a large increase in short interest in October. As of October 31st, there was short interest totalling 21,800 shares, an increase of 56.8% from the October 15th total of 13,900 shares. Based on an average daily volume of 18,000 shares, the days-to-cover ratio is currently 1.2 days.

Anhui Conch Cement Price Performance

AHCHY opened at $13.62 on Thursday. Anhui Conch Cement has a 52-week low of $9.82 and a 52-week high of $17.19. The company has a debt-to-equity ratio of 0.08, a current ratio of 3.40 and a quick ratio of 3.03. The business’s fifty day moving average is $13.36 and its 200-day moving average is $12.46.

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.