Anhui Conch Cement Co. (OTCMKTS:AHCHY) Short Interest Update

Anhui Conch Cement Co. (OTCMKTS:AHCHY) was the recipient of a significant decline in short interest in the month of May. As of May 15th, there was short interest totaling 1,868 shares, a decline of 50.5% from the April 30th total of 3,772 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 48,548 shares, the days-to-cover ratio is currently 0.0 days.

Anhui Conch Cement Stock Performance

AHCHY stock opened at $12.14 on Monday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.92 and a current ratio of 3.19. The stock has a market capitalization of $12.81 billion, a price-to-earnings ratio of 11.24 and a beta of 0.19. Anhui Conch Cement has a 1 year low of $11.44 and a 1 year high of $17.11. The stock’s fifty day moving average is $12.95 and its two-hundred day moving average is $14.34.

Anhui Conch Cement (OTCMKTS:AHCHY) last posted its earnings results on Tuesday, March 24th. The company reported $0.25 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.17). The company had revenue of $5.58 billion during the quarter, compared to the consensus estimate of $5.58 billion. Anhui Conch Cement had a net margin of 9.72% and a return on equity of 3.92%.

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.