Short Interest in Anhui Conch Cement Co. (OTCMKTS:AHCHY) Drops By 31.7%

Anhui Conch Cement Co. (OTCMKTS:AHCHY) saw a large decrease in short interest in the month of February. As of February 27th, there was short interest totaling 33,900 shares, a decrease of 31.7% from the February 12th total of 49,667 shares. Based on an average daily volume of 644,673 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 644,673 shares, the days-to-cover ratio is currently 0.1 days.

Anhui Conch Cement Stock Performance

Shares of OTCMKTS:AHCHY opened at $14.47 on Friday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.93 and a current ratio of 3.23. The business has a 50 day simple moving average of $15.34 and a two-hundred day simple moving average of $15.16. Anhui Conch Cement has a 1 year low of $11.82 and a 1 year high of $17.11.

About Anhui Conch Cement

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.