The Siam Cement Public Company Limited (OTCMKTS:SCVPY) Short Interest Update

The Siam Cement Public Company Limited (OTCMKTS:SCVPY) saw a large drop in short interest in August. As of August 31st, there was short interest totaling 79 shares, a drop of 39.2% from the August 15th total of 130 shares. Based on an average daily volume of 72 shares, the short-interest ratio is presently 1.1 days.

Siam Cement Public Price Performance

SCVPY stock remained flat at $7.71 during trading on Thursday. 185 shares of the company were exchanged, compared to its average volume of 740. The business’s fifty day moving average is $8.01 and its 200-day moving average is $7.29. Siam Cement Public has a twelve month low of $6.51 and a twelve month high of $8.56.

Siam Cement Public Company Profile

Siam Cement Public Company Limited, known as SCG, is one of Thailand’s largest industrial conglomerates with core operations in cement, building materials, chemicals and packaging. Established in 1913 by royal charter, the company has grown from its beginnings as a state‐promoted cement producer into a diversified group serving markets across Southeast Asia and beyond. Headquartered in Bangkok, SCG combines a mix of state and institutional shareholding with private investment to maintain its position as a leading regional supplier of construction and industrial products.

In its Cement‐Building Materials business, SCG manufactures and markets cement, concrete, mortar, roofing products, ceramic tiles, pipes and related construction materials under a variety of well-known brands.