Anhui Conch Cement Co. (OTCMKTS:AHCHY) Short Interest Down 93.2% in July

Anhui Conch Cement Co. (OTCMKTS:AHCHY) was the recipient of a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 2,910 shares, a drop of 93.2% from the July 15th total of 42,610 shares. Based on an average daily trading volume, of 68,242 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Anhui Conch Cement Price Performance

AHCHY traded down $0.10 during trading on Tuesday, hitting $11.25. 36,337 shares of the company traded hands, compared to its average volume of 63,440. The company has a market cap of $11.86 billion, a PE ratio of 10.42 and a beta of 0.21. The stock’s 50-day simple moving average is $11.24 and its two-hundred day simple moving average is $13.05. Anhui Conch Cement has a 1 year low of $10.52 and a 1 year high of $17.11. The company has a current ratio of 3.64, a quick ratio of 3.30 and a debt-to-equity ratio of 0.10.

Anhui Conch Cement Company Profile

Anhui Conch Cement Company Limited (OTCMKTS: AHCHY) is one of China’s leading cement manufacturers, specializing in the production and sale of cement, clinker and related building materials. Headquartered in Wuhu, Anhui Province, the company operates an integrated network of production facilities that serve residential, commercial and infrastructure markets across multiple regions in China. Its product portfolio covers a broad range of cement types, including ordinary portland cement, blended cement and special-purpose cements for roads and high‐performance construction projects.

Established in 1997 as part of the Anhui Conch Group’s expansion into building materials, Anhui Conch Cement was listed on the Shanghai Stock Exchange in 2003.