Anhui Conch Cement Company Limited (OTCMKTS:AHCHY) Sees Large Growth in Short Interest

Anhui Conch Cement Company Limited (OTCMKTS:AHCHY) was the target of a large growth in short interest in March. As of March 31st, there was short interest totalling 4,700 shares, a growth of 23.7% from the March 15th total of 3,800 shares. Based on an average daily volume of 52,900 shares, the days-to-cover ratio is currently 0.1 days.

Anhui Conch Cement Trading Down 1.1 %

Shares of Anhui Conch Cement stock opened at $10.90 on Friday. The company has a 50-day simple moving average of $10.72 and a 200 day simple moving average of $11.32. Anhui Conch Cement has a 12-month low of $9.82 and a 12-month high of $16.98.

About Anhui Conch Cement

Anhui Conch Cement Company Limited, together with its subsidiaries, manufactures, sells, and trades in clinker and cement products. The company operates through five segments: Eastern China, Central China, Southern China, Western China, and Overseas. It provides construction and installation services for industrial purposes; logistic services; and mining and related services.