Short Interest in China National Building Material Company Limited (OTCMKTS:CBUMY) Expands By 88.9%

China National Building Material Company Limited (OTCMKTS:CBUMYGet Free Report) was the target of a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 1,700 shares, a growth of 88.9% from the October 31st total of 900 shares. Based on an average daily volume of 1,800 shares, the short-interest ratio is currently 0.9 days.

China National Building Material Stock Performance

Shares of OTCMKTS:CBUMY opened at $21.21 on Friday. China National Building Material has a 52-week low of $13.10 and a 52-week high of $26.34. The business has a 50-day moving average price of $20.59 and a 200-day moving average price of $18.88.

About China National Building Material

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China National Building Material Company Limited, an investment holding company, engages in building material, new materials, and engineering technical services businesses. The company operates through five segments: Cement, Concrete, New materials, Engineering Technology Services, and Others. It produces and sells cement, concrete, and fibreglass, as well as composite and light building materials.

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