The Monarch Cement Co. (OTCMKTS:MCEM) Stock Short Interest Declines 64.1%

The Monarch Cement Co. (OTCMKTS:MCEM) saw a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 28 shares, a decline of 64.1% from the September 30th total of 78 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 834 shares, the short-interest ratio is presently 0.0 days.

Monarch Cement Stock Down 1.1%

MCEM traded down $3.00 during trading on Thursday, reaching $267.00. 1,108 shares of the stock traded hands, compared to its average volume of 537. Monarch Cement has a 12 month low of $208.06 and a 12 month high of $299.75. The stock has a market capitalization of $990.84 million, a PE ratio of 13.20 and a beta of 0.38. The stock’s 50-day moving average is $265.02 and its 200 day moving average is $265.46.

Monarch Cement (OTCMKTS:MCEM) last announced its quarterly earnings results on Monday, August 10th. The construction company reported $5.65 earnings per share for the quarter. The business had revenue of $69.74 million for the quarter. Monarch Cement had a net margin of 28.98% and a return on equity of 17.20%.

About Monarch Cement

The Monarch Cement Company (OTCMKTS:MCEM) manufactures and sells cement products for construction and infrastructure applications. Its product portfolio includes Portland cement, masonry cement and other specialty cement products used in concrete, commercial construction, residential development, roads, bridges and industrial projects.

Founded in 1908, the company is headquartered in Humboldt, Kansas. Monarch Cement serves customers primarily across the central United States, including markets in Kansas, Missouri, Nebraska, Oklahoma and surrounding states.