Short Interest in The Monarch Cement Co. (OTCMKTS:MCEM) Decreases By 93.8%

The Monarch Cement Co. (OTCMKTS:MCEM) was the target of a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 6 shares, a decrease of 93.8% from the June 15th total of 97 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 563 shares, the short-interest ratio is presently 0.0 days.

Monarch Cement Trading Up 0.7%

Monarch Cement stock traded up $2.00 during mid-day trading on Friday, reaching $282.00. The company had a trading volume of 136 shares, compared to its average volume of 582. The business has a fifty day simple moving average of $284.95 and a 200 day simple moving average of $260.95. The company has a market cap of $1.05 billion, a P/E ratio of 14.42 and a beta of 0.40. Monarch Cement has a fifty-two week low of $207.00 and a fifty-two week high of $299.75.

Monarch Cement (OTCMKTS:MCEM) last announced its quarterly earnings results on Friday, May 8th. The construction company reported $3.03 earnings per share (EPS) for the quarter. Monarch Cement had a net margin of 24.43% and a return on equity of 14.75%. The company had revenue of $49.37 million during the quarter.

Monarch Cement Company Profile

The Monarch Cement Company engages in the manufacture and sale of portland cement in the United States. The company also provides masonry cement, ready-mixed concrete, concrete products, and sundry building materials. It primarily serves contractors, ready-mixed concrete plants, concrete products plants, building materials dealers, and governmental agencies. The company sells its products principally in the State of Kansas, the State of Iowa, southeast Nebraska, western Missouri, northwest Arkansas, and northern Oklahoma.