Anhui Conch Cement Company Limited (OTCMKTS:AHCHY) Short Interest Up 56.8% in October

Anhui Conch Cement Company Limited (OTCMKTS:AHCHY) was the recipient of a large increase in short interest in October. As of October 31st, there was short interest totalling 21,800 shares, an increase of 56.8% from the October 15th total of 13,900 shares. Based on an average daily volume of 18,000 shares, the days-to-cover ratio is presently 1.2 days.

Anhui Conch Cement Stock Down 0.9 %

OTCMKTS:AHCHY opened at $13.49 on Friday. The company has a quick ratio of 3.03, a current ratio of 3.40 and a debt-to-equity ratio of 0.08. Anhui Conch Cement has a twelve month low of $9.82 and a twelve month high of $17.19. The stock’s 50-day simple moving average is $13.36 and its 200 day simple moving average is $12.46.

Anhui Conch Cement Company Profile

Anhui Conch Cement Company Limited, together with its subsidiaries, manufactures, sells, and trades in clinker and cement products. The company operates through five segments: Eastern China, Central China, Southern China, Western China, and Overseas. It provides construction and installation services for industrial purposes; logistic services; and mining and related services.