The Monarch Cement Co. (OTCMKTS:MCEM) Short Interest Down 33.3% in July

The Monarch Cement Co. (OTCMKTS:MCEM) was the recipient of a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 4 shares, a drop of 33.3% from the June 30th total of 6 shares. Based on an average daily volume of 180 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

Monarch Cement Price Performance

MCEM stock opened at $273.45 on Friday. The stock has a market capitalization of $1.02 billion, a P/E ratio of 13.98 and a beta of 0.40. The business has a 50-day moving average of $283.01 and a 200-day moving average of $265.31. Monarch Cement has a fifty-two week low of $207.00 and a fifty-two week high of $299.75.

Monarch Cement (OTCMKTS:MCEM) last posted its quarterly earnings data on Friday, May 8th. The construction company reported $3.03 earnings per share (EPS) for the quarter. Monarch Cement had a return on equity of 14.75% and a net margin of 24.43%.The business had revenue of $49.37 million during 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.