Short Interest in Anhui Conch Cement Company Limited (OTCMKTS:AHCHY) Expands By 777.8%

Anhui Conch Cement Company Limited (OTCMKTS:AHCHYGet Free Report) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 15,800 shares, a growth of 777.8% from the December 31st total of 1,800 shares. Based on an average daily volume of 46,200 shares, the days-to-cover ratio is presently 0.3 days.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group upgraded Anhui Conch Cement from a “strong sell” rating to a “hold” rating in a research report on Wednesday, January 8th.

Get Our Latest Stock Report on Anhui Conch Cement

Anhui Conch Cement Trading Up 0.1 %

Shares of AHCHY stock opened at $13.46 on Wednesday. The firm has a market capitalization of $14.27 billion, a PE ratio of 14.02 and a beta of 0.28. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.03 and a current ratio of 3.40. Anhui Conch Cement has a 1 year low of $9.82 and a 1 year high of $17.19. The stock has a fifty day moving average of $13.00 and a two-hundred day moving average of $12.78.

About Anhui Conch Cement

(Get Free Report)

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.

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