China Conch Venture Holdings Limited (OTCMKTS:CCVTF) Sees Large Increase in Short Interest

China Conch Venture Holdings Limited (OTCMKTS:CCVTFGet Free Report) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 769,500 shares, an increase of 289.6% from the May 31st total of 197,500 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

China Conch Venture Stock Performance

OTCMKTS CCVTF opened at $1.17 on Friday. China Conch Venture has a fifty-two week low of $0.94 and a fifty-two week high of $1.17. The business has a fifty day moving average price of $1.17 and a two-hundred day moving average price of $1.17.

About China Conch Venture

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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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