Anhui Conch Cement Co. (OTCMKTS:AHCHY) Short Interest Up 46.2% in January

Anhui Conch Cement Co. (OTCMKTS:AHCHY) was the target of a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 2,881 shares, an increase of 46.2% from the December 31st total of 1,971 shares. Based on an average daily trading volume, of 21,663 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 21,663 shares, the days-to-cover ratio is currently 0.1 days.

Anhui Conch Cement Trading Down 2.2%

AHCHY stock opened at $15.87 on Friday. The company has a quick ratio of 2.93, a current ratio of 3.23 and a debt-to-equity ratio of 0.10. The stock has a 50-day simple moving average of $14.88 and a two-hundred day simple moving average of $15.10. Anhui Conch Cement has a twelve month low of $11.82 and a twelve month high of $17.11.

Anhui Conch Cement (OTCMKTS:AHCHY) last released its quarterly earnings results on Thursday, October 30th. The company reported $0.26 earnings per share (EPS) for the quarter. The company had revenue of $2.80 billion during the quarter. Anhui Conch Cement had a net margin of 11.15% and a return on equity of 4.68%.

About Anhui Conch Cement

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.