Anhui Conch Cement Co. (OTCMKTS:AHCHY) Sees Significant Increase in Short Interest

Anhui Conch Cement Co. (OTCMKTS:AHCHY) saw a significant increase in short interest in January. As of January 15th, there was short interest totaling 2,881 shares, an increase of 46.2% from the December 31st total of 1,971 shares. Based on an average trading volume of 21,663 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 21,663 shares, the short-interest ratio is currently 0.1 days.

Anhui Conch Cement Trading Down 3.7%

AHCHY stock opened at $15.28 on Tuesday. Anhui Conch Cement has a 1-year low of $11.82 and a 1-year high of $17.11. The stock’s fifty day simple moving average is $14.89 and its two-hundred day simple moving average is $15.11. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.23 and a quick ratio of 2.93.

About Anhui Conch Cement

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.