The Monarch Cement Co. (OTCMKTS:MCEM) Short Interest Up 353.1% in May

The Monarch Cement Co. (OTCMKTS:MCEM) was the target of a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 145 shares, an increase of 353.1% from the April 30th total of 32 shares. Based on an average daily volume of 2,963 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Monarch Cement Stock Up 0.1%

OTCMKTS:MCEM opened at $284.50 on Friday. Monarch Cement has a fifty-two week low of $207.00 and a fifty-two week high of $296.00. The stock has a market cap of $1.06 billion, a PE ratio of 14.54 and a beta of 0.35. The firm’s fifty day simple moving average is $264.26 and its 200-day simple moving average is $246.97.

Monarch Cement (OTCMKTS:MCEM) last posted its quarterly earnings results on Friday, May 8th. The construction company reported $3.03 earnings per share for the quarter. Monarch Cement had a net margin of 24.43% and a return on equity of 14.90%. The business had revenue of $49.37 million for the quarter.

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.