Short Interest in The Monarch Cement Co. (OTCMKTS:MCEM) Decreases By 93.8%

The Monarch Cement Co. (OTCMKTS:MCEM) was the recipient of a large decrease in short interest in June. As of June 30th, there was short interest totaling 6 shares, a decrease of 93.8% from the June 15th total of 97 shares. Based on an average daily volume of 563 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Monarch Cement Stock Performance

Shares of OTCMKTS MCEM traded up $2.00 during midday trading on Friday, reaching $282.00. The company’s stock had a trading volume of 136 shares, compared to its average volume of 582. Monarch Cement has a fifty-two week low of $207.00 and a fifty-two week high of $299.75. The business’s 50 day moving average price is $284.95 and its two-hundred day moving average price is $260.95. The company has a market cap of $1.05 billion, a P/E ratio of 14.42 and a beta of 0.40.

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

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.