Cementos Argos S.A. Sponsored ADR (OTCMKTS:CMTOY) Sees Large Increase in Short Interest

Cementos Argos S.A. Sponsored ADR (OTCMKTS:CMTOY – Get Free Report) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 22 shares. Based on an average daily trading volume, of 5,022 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

Cementos Argos Price Performance

Shares of OTCMKTS:CMTOY opened at $15.13 on Friday. The business’s 50 day moving average is $17.60 and its 200 day moving average is $16.67. Cementos Argos has a 12-month low of $11.76 and a 12-month high of $23.69.

Cementos Argos Company Profile

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Cementos Argos SA is a Colombia-based building materials company that produces and distributes cement, ready-mix concrete, aggregates and related construction products. Its materials are used in residential, commercial and infrastructure projects.

Founded in Medellín in 1934, Cementos Argos has grown from a regional cement producer into an international company serving markets across Colombia, the United States, the Caribbean and Central America. Its operations include cement plants, terminals, concrete facilities and distribution networks that supply contractors, builders and other customers.

Cementos Argos is part of Grupo Argos, a Colombian infrastructure-focused business group.

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