China Conch Venture Holdings Limited (OTCMKTS:CCVTF) Sees Large Growth in Short Interest

China Conch Venture Holdings Limited (OTCMKTS:CCVTF) was the target of a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 207,000 shares, a growth of 70.4% from the November 30th total of 121,500 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

China Conch Venture Price Performance

China Conch Venture stock opened at $1.17 on Friday. The company’s 50 day simple moving average is $1.17 and its 200 day simple moving average is $1.17. China Conch Venture has a fifty-two week low of $0.94 and a fifty-two week high of $1.17.

About China Conch Venture

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.