Anhui Conch Cement Company Limited (OTCMKTS:AHCHY – Get Free Report) saw a significant growth in short interest during the month of April. As of April 30th, there was short interest totalling 36,100 shares, a growth of 1,103.3% from the April 15th total of 3,000 shares. Based on an average trading volume of 91,800 shares, the days-to-cover ratio is currently 0.4 days.
Anhui Conch Cement Stock Up 2.7 %
Shares of Anhui Conch Cement stock traded up $0.32 on Friday, reaching $12.16. 9,799 shares of the company traded hands, compared to its average volume of 55,361. The company has a 50 day moving average of $11.06 and a 200 day moving average of $11.15. Anhui Conch Cement has a 52 week low of $9.82 and a 52 week high of $15.91.
Anhui Conch Cement Cuts Dividend
The business also recently declared a dividend, which will be paid on Thursday, July 18th. Stockholders of record on Tuesday, June 4th will be issued a $0.5496 dividend. The ex-dividend date is Tuesday, June 4th.
About Anhui Conch Cement
Anhui Conch Cement Company Limited, together with its subsidiaries, manufactures, sells, and trades in clinker and cement products. The company operates through five segments: Eastern China, Central China, Southern China, Western China, and Overseas. It provides construction and installation services for industrial purposes; logistic services; and mining and related services.
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