China Resources Building Materials Technology Holdings Limited (OTCMKTS:CARCY) Sees Significant Increase in Short Interest

China Resources Building Materials Technology Holdings Limited (OTCMKTS:CARCY) was the recipient of a large growth in short interest in the month of January. As of January 31st, there was short interest totalling 200 shares, a growth of 100.0% from the January 15th total of 100 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 2.0 days.

China Resources Building Materials Technology Price Performance

Shares of China Resources Building Materials Technology stock opened at $6.05 on Friday. The company’s fifty day moving average price is $6.10 and its two-hundred day moving average price is $6.72. China Resources Building Materials Technology has a 52-week low of $3.86 and a 52-week high of $8.81. The firm has a market capitalization of $1.41 billion, a PE ratio of 46.54 and a beta of 0.09.

About China Resources Building Materials Technology

China Resources Building Materials Technology Holdings Limited, an investment holding company, manufactures and sells cement, concrete, aggregates, and related products and services in Mainland China. It operates through Cement, Concrete, and Aggregates and Others segments. The company engages in the excavation of limestone; and production, sale, and distribution of cement, clinker, and concrete.