China Conch Venture Holdings Limited (OTCMKTS:CCVTF – Get Free Report) saw a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 197,500 shares, a decline of 83.6% from the April 30th total of 1,206,415 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.
China Conch Venture Price Performance
Shares of China Conch Venture stock opened at $1.17 on Friday. The firm’s 50 day moving average is $1.17 and its 200 day moving average is $1.17. China Conch Venture has a 1 year low of $0.94 and a 1 year high of $1.17.
About China Conch Venture
China Conch Venture Holdings Limited, trading OTC under the ticker CCVTF, is a Hong Kong–listed subsidiary of Anhui Conch Cement, one of China’s largest cement producers by volume. The company focuses on the manufacture and sale of specialized chemical materials that support the building, construction and related industrial sectors.
Its core product portfolio includes vinyl acetate monomer (VAM) and derivatives such as polyvinyl acetate emulsions and water-based adhesives, which find application in paints, coatings, paper, textiles and packaging.
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