China National Building Material Company Limited (OTCMKTS:CBUMY – Get Free Report) was the target of a large growth in short interest in the month of June. As of June 30th, there was short interest totalling 800 shares, a growth of 300.0% from the June 15th total of 200 shares. Based on an average daily volume of 300 shares, the days-to-cover ratio is presently 2.7 days.
China National Building Material Price Performance
OTCMKTS:CBUMY remained flat at $19.17 during midday trading on Thursday. The company had a trading volume of 31 shares, compared to its average volume of 2,918. China National Building Material has a twelve month low of $17.20 and a twelve month high of $30.40. The firm has a fifty day moving average of $20.33 and a two-hundred day moving average of $19.42.
China National Building Material Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Friday, July 12th. Investors of record on Monday, May 6th will be given a dividend of $1.353 per share. The ex-dividend date is Friday, May 3rd.
About China National Building Material
China National Building Material Company Limited, an investment holding company, engages in building material, new materials, and engineering technical services businesses. The company operates through five segments: Cement, Concrete, New materials, Engineering Technology Services, and Others. It produces and sells cement, concrete, and fibreglass, as well as composite and light building materials.
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