China National Building Material Company Limited (OTCMKTS:CBUMY – Get Free Report) saw a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 138 shares, a decline of 35.5% from the June 30th total of 214 shares. Based on an average daily volume of 138 shares, the short-interest ratio is currently 1.0 days.
China National Building Material Stock Performance
Shares of CBUMY opened at $20.98 on Friday. The business has a fifty day moving average of $29.45 and a 200 day moving average of $31.67. China National Building Material has a 52-week low of $20.31 and a 52-week high of $40.27.
About China National Building Material
China National Building Material Company Ltd. (OTCMKTS: CBUMY) is a leading Chinese state-owned conglomerate specializing in the production and distribution of building materials and related equipment. The company’s core products include cement, lightweight building boards, fiber cement, and glass fiber materials. Through its subsidiaries, CNBM supplies a wide array of construction inputs used in residential, commercial, and infrastructure projects.
In addition to materials manufacturing, CNBM is active in engineering and equipment design for the construction industry.
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