The Monarch Cement Co. (OTCMKTS:MCEM) Short Interest Down 33.3% in July

The Monarch Cement Co. (OTCMKTS:MCEM) was the target of a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 4 shares, a decline of 33.3% from the June 30th total of 6 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 180 shares, the days-to-cover ratio is currently 0.0 days.

Monarch Cement Stock Performance

MCEM opened at $273.45 on Friday. The business’s 50-day simple moving average is $283.01 and its 200 day simple moving average is $265.31. Monarch Cement has a 52-week low of $207.00 and a 52-week high of $299.75. The firm has a market capitalization of $1.02 billion, a PE ratio of 13.98 and a beta of 0.40.

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

About Monarch Cement

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.