Short Interest in The Monarch Cement Co. (OTCMKTS:MCEM) Declines By 87.2%

The Monarch Cement Co. (OTCMKTS:MCEM) was the target of a large decrease in short interest in December. As of December 15th, there was short interest totaling 40 shares, a decrease of 87.2% from the November 30th total of 312 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 2,321 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily volume of 2,321 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

Monarch Cement Price Performance

Shares of OTCMKTS:MCEM traded down $0.61 during mid-day trading on Wednesday, hitting $224.01. The company had a trading volume of 20 shares, compared to its average volume of 836. The company has a market capitalization of $819.88 million, a PE ratio of 14.64 and a beta of 0.44. The firm has a fifty day moving average price of $220.34 and a 200 day moving average price of $230.31. Monarch Cement has a one year low of $206.00 and a one year high of $305.00.

Monarch Cement (OTCMKTS:MCEM) last released its quarterly earnings data on Wednesday, November 12th. The construction company reported $6.44 earnings per share for the quarter. The firm had revenue of $73.05 million for the quarter. Monarch Cement had a net margin of 19.60% and a return on equity of 11.63%.

About Monarch Cement

The Monarch Cement Company engages in the manufacture and sale of portland cement in the United States. The company also provides masonry cement, ready-mixed concrete, concrete products, and sundry building materials. It primarily serves contractors, ready-mixed concrete plants, concrete products plants, building materials dealers, and governmental agencies. The company sells its products principally in the State of Kansas, the State of Iowa, southeast Nebraska, western Missouri, northwest Arkansas, and northern Oklahoma.