Short Interest in Anhui Conch Cement Co. (OTCMKTS:AHCHY) Decreases By 93.2%

Anhui Conch Cement Co. (OTCMKTS:AHCHY) saw a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 2,910 shares, a decline of 93.2% from the July 15th total of 42,610 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 68,242 shares, the days-to-cover ratio is currently 0.0 days.

Anhui Conch Cement Stock Performance

Anhui Conch Cement stock traded down $0.10 during midday trading on Tuesday, hitting $11.25. The stock had a trading volume of 36,337 shares, compared to its average volume of 63,440. The firm’s fifty day moving average is $11.24 and its two-hundred day moving average is $13.05. The company has a market capitalization of $11.86 billion, a PE ratio of 10.42 and a beta of 0.21. Anhui Conch Cement has a 52-week low of $10.52 and a 52-week high of $17.11. The company has a current ratio of 3.64, a quick ratio of 3.30 and a debt-to-equity ratio of 0.10.

About Anhui Conch Cement

Anhui Conch Cement Company Limited (OTCMKTS: AHCHY) is one of China’s leading cement manufacturers, specializing in the production and sale of cement, clinker and related building materials. Headquartered in Wuhu, Anhui Province, the company operates an integrated network of production facilities that serve residential, commercial and infrastructure markets across multiple regions in China. Its product portfolio covers a broad range of cement types, including ordinary portland cement, blended cement and special-purpose cements for roads and high‐performance construction projects.

Established in 1997 as part of the Anhui Conch Group’s expansion into building materials, Anhui Conch Cement was listed on the Shanghai Stock Exchange in 2003.