The Monarch Cement Co. (OTCMKTS:MCEM) Sees Significant Growth in Short Interest

The Monarch Cement Co. (OTCMKTS:MCEM) was the recipient of a large growth in short interest in January. As of January 15th, there was short interest totaling 232 shares, a growth of 42.3% from the December 31st total of 163 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 1,690 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 1,690 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

Monarch Cement Stock Performance

Shares of OTCMKTS:MCEM opened at $239.75 on Tuesday. The firm has a 50 day simple moving average of $232.03 and a 200 day simple moving average of $230.41. Monarch Cement has a 52 week low of $206.00 and a 52 week high of $259.80. The company has a market cap of $877.49 million, a PE ratio of 15.67 and a beta of 0.46.

Monarch Cement (OTCMKTS:MCEM) last released its earnings results on Wednesday, November 12th. The construction company reported $6.44 earnings per share (EPS) for the quarter. The company had revenue of $73.05 million during the quarter. Monarch Cement had a return on equity of 11.63% and a net margin of 19.60%.

Monarch Cement Company Profile

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.