Short Interest in China National Building Material Company Limited (OTCMKTS:CBUMY) Decreases By 23.9%

China National Building Material Company Limited (OTCMKTS:CBUMY) saw a significant decrease in short interest in the month of December. As of December 31st, there was short interest totalling 5,400 shares, a decrease of 23.9% from the December 15th total of 7,100 shares. Based on an average trading volume of 1,600 shares, the days-to-cover ratio is presently 3.4 days.

China National Building Material Stock Performance

CBUMY stock remained flat at $21.44 on Friday. 5 shares of the company were exchanged, compared to its average volume of 2,208. China National Building Material has a fifty-two week low of $13.10 and a fifty-two week high of $26.34. The company has a 50 day simple moving average of $22.20 and a two-hundred day simple moving average of $19.27.

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.