China National Building Material Company Limited (OTCMKTS:CBUMY) Short Interest Update

China National Building Material Company Limited (OTCMKTS:CBUMY) was the recipient of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 138 shares, a decrease of 35.5% from the June 30th total of 214 shares. Based on an average daily volume of 138 shares, the short-interest ratio is presently 1.0 days.

China National Building Material Stock Performance

CBUMY stock opened at $20.98 on Friday. China National Building Material has a twelve month low of $20.31 and a twelve month high of $40.27. The business has a 50 day moving average price of $29.45 and a two-hundred day moving average price of $31.67.

About China National Building Material

China National Building Material Company Ltd. (OTCMKTS: CBUMY) is a leading Chinese state-owned conglomerate specializing in the production and distribution of building materials and related equipment. The company’s core products include cement, lightweight building boards, fiber cement, and glass fiber materials. Through its subsidiaries, CNBM supplies a wide array of construction inputs used in residential, commercial, and infrastructure projects.

In addition to materials manufacturing, CNBM is active in engineering and equipment design for the construction industry.