Short Interest in China Conch Venture Holdings Limited (OTCMKTS:CCVTF) Rises By 201.6%

China Conch Venture Holdings Limited (OTCMKTS:CCVTFGet Free Report) was the target of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 3,087,000 shares, an increase of 201.6% from the June 30th total of 1,023,500 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

China Conch Venture Price Performance

Shares of OTCMKTS:CCVTF opened at $1.13 on Tuesday. China Conch Venture has a 12-month low of $0.94 and a 12-month high of $1.17. The business has a 50-day moving average price of $1.16 and a 200 day moving average price of $1.16.

About China Conch Venture

(Get Free Report)

China Conch Venture Holdings Limited, trading OTC under the ticker CCVTF, is a Hong Kong–listed subsidiary of Anhui Conch Cement, one of China’s largest cement producers by volume. The company focuses on the manufacture and sale of specialized chemical materials that support the building, construction and related industrial sectors.

Its core product portfolio includes vinyl acetate monomer (VAM) and derivatives such as polyvinyl acetate emulsions and water-based adhesives, which find application in paints, coatings, paper, textiles and packaging.

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