Anhui Conch Cement Co. (OTCMKTS:AHCHY) Short Interest Update

Anhui Conch Cement Co. (OTCMKTS:AHCHY) was the target of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 18,483 shares, an increase of 255.7% from the August 31st total of 5,196 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 128,596 shares, the short-interest ratio is currently 0.1 days.

Anhui Conch Cement Price Performance

Shares of AHCHY stock opened at $9.94 on Monday. The stock’s 50 day simple moving average is $10.95 and its 200 day simple moving average is $11.88. Anhui Conch Cement has a twelve month low of $9.90 and a twelve month high of $17.05. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.61 and a current ratio of 2.90. The company has a market capitalization of $10.48 billion, a price-to-earnings ratio of 11.17 and a beta of 0.18.

Anhui Conch Cement (OTCMKTS:AHCHY) last released its quarterly earnings results on Wednesday, August 26th. The company reported $0.18 EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.24). Anhui Conch Cement had a net margin of 8.02% and a return on equity of 3.09%. The firm had revenue of $5.49 billion during the quarter, compared to the consensus estimate of $5.33 billion.

About Anhui Conch Cement

Anhui Conch Cement Company Limited is a China-based manufacturer of cement and related building materials. The company’s principal products include cement clinker and finished cement, which are used in residential and commercial construction, infrastructure projects, roads, bridges and other industrial applications.

Founded in 1997 and headquartered in Wuhu, Anhui Province, Anhui Conch Cement operates an integrated production network that includes limestone mining, clinker production, cement grinding and distribution.