Anhui Conch Cement Co. (OTCMKTS:AHCHY) Stock Short Interest Climbs 255.7%

Anhui Conch Cement Co. (OTCMKTS:AHCHY) saw a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 18,483 shares, an increase of 255.7% from the August 31st total of 5,196 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 128,596 shares, the short-interest ratio is presently 0.1 days.

Anhui Conch Cement Trading Down 1.2%

Anhui Conch Cement stock opened at $9.94 on Friday. Anhui Conch Cement has a 12-month low of $9.90 and a 12-month high of $17.05. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.90 and a quick ratio of 3.30. The stock has a market capitalization of $10.48 billion, a PE ratio of 11.17 and a beta of 0.18. The firm has a 50 day simple moving average of $10.95 and a 200-day simple moving average of $11.90.

Anhui Conch Cement (OTCMKTS:AHCHY) last announced its earnings results on Wednesday, August 26th. The company reported $0.18 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.24). The firm had revenue of $5.49 billion for the quarter, compared to the consensus estimate of $5.33 billion. Anhui Conch Cement had a return on equity of 3.09% and a net margin of 8.02%.

Anhui Conch Cement Company Profile

Anhui Conch Cement Company Limited is a China-based manufacturer of cement and related building materials. The company’s principal products include cement clinker and finished cement, which are used in residential and commercial construction, infrastructure projects, roads, bridges and other industrial applications.

Founded in 1997 and headquartered in Wuhu, Anhui Province, Anhui Conch Cement operates an integrated production network that includes limestone mining, clinker production, cement grinding and distribution.