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

China National Building Material Company Limited (OTCMKTS:CBUMY) 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

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.