Anhui Conch Cement Co. (OTCMKTS:AHCHY) Sees Significant Decrease in Short Interest

Anhui Conch Cement Co. (OTCMKTS:AHCHY) was the target of a large decrease in short interest in February. As of February 27th, there was short interest totaling 33,900 shares, a decrease of 31.7% from the February 12th total of 49,667 shares. Based on an average daily volume of 644,673 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 644,673 shares, the days-to-cover ratio is presently 0.1 days.

Anhui Conch Cement Trading Down 0.1%

Shares of OTCMKTS AHCHY opened at $14.47 on Friday. Anhui Conch Cement has a 1 year low of $11.82 and a 1 year high of $17.11. The company has a current ratio of 3.23, a quick ratio of 2.93 and a debt-to-equity ratio of 0.10. The company has a 50 day simple moving average of $15.34 and a 200 day simple moving average of $15.17.

Anhui Conch Cement Company Profile

Anhui Conch Cement Company Limited (OTCMKTS: AHCHY) is one of China’s leading cement manufacturers, specializing in the production and sale of cement, clinker and related building materials. Headquartered in Wuhu, Anhui Province, the company operates an integrated network of production facilities that serve residential, commercial and infrastructure markets across multiple regions in China. Its product portfolio covers a broad range of cement types, including ordinary portland cement, blended cement and special-purpose cements for roads and high‐performance construction projects.

Established in 1997 as part of the Anhui Conch Group’s expansion into building materials, Anhui Conch Cement was listed on the Shanghai Stock Exchange in 2003.