Short Interest in Anhui Conch Cement Co. (OTCMKTS:AHCHY) Grows By 125.0%

Anhui Conch Cement Co. (OTCMKTS:AHCHY) was the target of a significant growth in short interest in July. As of July 31st, there was short interest totaling 5,400 shares, agrowthof125.0% from the July 15th total of 2,400 shares. Based on an average daily volume of 23,000 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 23,000 shares, the days-to-cover ratio is currently 0.2 days.

Anhui Conch Cement Stock Up 0.6%

Shares of OTCMKTS AHCHY opened at $15.75 on Monday. Anhui Conch Cement has a one year low of $9.98 and a one year high of $17.19. The business has a fifty day simple moving average of $13.96 and a 200 day simple moving average of $13.81. The company has a debt-to-equity ratio of 0.11, a quick ratio of 3.17 and a current ratio of 3.48.

Anhui Conch Cement Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, July 15th. Stockholders of record on Thursday, June 5th were paid a $0.3531 dividend. This represents a dividend yield of 277.0%. The ex-dividend date was Wednesday, June 4th. Anhui Conch Cement’s dividend payout ratio is currently 33.33%.

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.