China National Building Material Company Limited (OTCMKTS:CBUMY – Get Free Report) saw a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 82 shares, a drop of 55.7% from the September 30th total of 185 shares. Based on an average trading volume of 413 shares, the days-to-cover ratio is presently 0.2 days.
China National Building Material Price Performance
CBUMY stock remained flat at $18.57 during midday trading on Friday. 350 shares of the company traded hands, compared to its average volume of 1,319. The company’s fifty day moving average price is $21.26 and its two-hundred day moving average price is $28.38. China National Building Material has a 1-year low of $17.35 and a 1-year high of $40.27.
About China National Building Material
China National Building Material Co, Ltd. is a China-based building materials manufacturer and supplier whose American depositary securities trade over the counter under the symbol CBUMY. The company operates across several segments of the construction materials industry, serving infrastructure, commercial construction and residential development markets.
Its activities include the production and sale of cement and related products, as well as glass fiber, composite materials, gypsum board, insulation materials and other lightweight building materials.
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