Short Interest in Anhui Conch Cement Co. (OTCMKTS:AHCHY) Expands By 100.1%

Anhui Conch Cement Co. (OTCMKTS:AHCHY) was the target of a large growth in short interest in January. As of January 30th, there was short interest totaling 5,764 shares, a growth of 100.1% from the January 15th total of 2,881 shares. Based on an average daily volume of 25,180 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 25,180 shares, the days-to-cover ratio is currently 0.2 days.

Anhui Conch Cement Stock Performance

Shares of AHCHY opened at $16.15 on Friday. Anhui Conch Cement has a 1-year low of $11.82 and a 1-year high of $17.11. The company has a quick ratio of 2.93, a current ratio of 3.23 and a debt-to-equity ratio of 0.10. The firm’s 50-day moving average price is $15.02 and its 200-day moving average price is $15.15.

Anhui Conch Cement Company Profile

Anhui Conch Cement Company Limited (OTCMKTS: AHCHY) is one of China’s leading cement manufacturers, specializing in the production and sale of cement, clinker and related building materials. Headquartered in Wuhu, Anhui Province, the company operates an integrated network of production facilities that serve residential, commercial and infrastructure markets across multiple regions in China. Its product portfolio covers a broad range of cement types, including ordinary portland cement, blended cement and special-purpose cements for roads and high‐performance construction projects.

Established in 1997 as part of the Anhui Conch Group’s expansion into building materials, Anhui Conch Cement was listed on the Shanghai Stock Exchange in 2003.