The Siam Cement Public Company Limited (OTCMKTS:SCVPY) Short Interest Up 64.7% in May

The Siam Cement Public Company Limited (OTCMKTS:SCVPY) saw a significant growth in short interest in May. As of May 15th, there was short interest totaling 168 shares, a growth of 64.7% from the April 30th total of 102 shares. Based on an average daily volume of 59 shares, the days-to-cover ratio is currently 2.8 days.

Siam Cement Public Price Performance

Shares of OTCMKTS SCVPY opened at $7.55 on Wednesday. Siam Cement Public has a 12 month low of $6.51 and a 12 month high of $7.91. The business has a 50-day moving average of $7.10 and a 200-day moving average of $5.67.

Siam Cement Public Company Profile

Siam Cement Public Company Limited, known as SCG, is one of Thailand’s largest industrial conglomerates with core operations in cement, building materials, chemicals and packaging. Established in 1913 by royal charter, the company has grown from its beginnings as a state‐promoted cement producer into a diversified group serving markets across Southeast Asia and beyond. Headquartered in Bangkok, SCG combines a mix of state and institutional shareholding with private investment to maintain its position as a leading regional supplier of construction and industrial products.

In its Cement‐Building Materials business, SCG manufactures and markets cement, concrete, mortar, roofing products, ceramic tiles, pipes and related construction materials under a variety of well-known brands.