China National Building Material Company Limited (OTCMKTS:CBUMY) Sees Large Increase in Short Interest

China National Building Material Company Limited (OTCMKTS:CBUMY) saw a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 7,100 shares, an increase of 51.1% from the November 30th total of 4,700 shares. Based on an average daily trading volume, of 10,600 shares, the days-to-cover ratio is currently 0.7 days.

China National Building Material Price Performance

Shares of CBUMY stock traded down $0.13 during trading hours on Friday, hitting $23.30. The stock had a trading volume of 505 shares, compared to its average volume of 2,479. The stock’s 50 day moving average is $21.90 and its 200 day moving average is $18.93. China National Building Material has a twelve month low of $13.10 and a twelve month high of $26.34.

China National Building Material Company Profile

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.