China Conch Venture Holdings Limited (OTCMKTS:CCVTF) Short Interest Update

China Conch Venture Holdings Limited (OTCMKTS:CCVTF) saw a significant drop in short interest during the month of March. As of March 31st, there was short interest totaling 119,550 shares, a drop of 74.7% from the March 15th total of 473,000 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

China Conch Venture Price Performance

China Conch Venture stock opened at $1.17 on Friday. China Conch Venture has a one year low of $0.94 and a one year high of $1.17. The business’s fifty day moving average is $1.16 and its 200 day moving average is $1.17.

China Conch Venture Company Profile

China Conch Venture Holdings Limited, trading OTC under the ticker CCVTF, is a Hong Kong–listed subsidiary of Anhui Conch Cement, one of China’s largest cement producers by volume. The company focuses on the manufacture and sale of specialized chemical materials that support the building, construction and related industrial sectors.

Its core product portfolio includes vinyl acetate monomer (VAM) and derivatives such as polyvinyl acetate emulsions and water-based adhesives, which find application in paints, coatings, paper, textiles and packaging.