The Monarch Cement Co. (OTCMKTS:MCEM) Short Interest Up 180.8% in August

The Monarch Cement Co. (OTCMKTS:MCEM) saw a large increase in short interest in August. As of August 14th, there was short interest totaling 219 shares, an increase of 180.8% from the July 30th total of 78 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 1,330 shares, the days-to-cover ratio is presently 0.2 days.

Monarch Cement Price Performance

OTCMKTS MCEM traded up $1.00 during trading hours on Friday, reaching $265.00. 500 shares of the company’s stock traded hands, compared to its average volume of 483. Monarch Cement has a 52-week low of $207.00 and a 52-week high of $299.75. The firm has a market cap of $990.30 million, a PE ratio of 13.11 and a beta of 0.42. The firm has a 50-day simple moving average of $274.59 and a 200 day simple moving average of $269.09.

Monarch Cement (OTCMKTS:MCEM) last posted its quarterly earnings data on Monday, August 10th. The construction company reported $5.65 EPS for the quarter. Monarch Cement had a net margin of 28.98% and a return on equity of 17.20%. The business had revenue of $69.74 million for 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.