China Conch Venture Holdings Limited (OTCMKTS:CCVTF – Get Free Report) saw a significant drop in short interest in May. As of May 15th, there was short interest totaling 197,500 shares, a drop of 83.6% from the April 30th total of 1,206,415 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.
China Conch Venture Price Performance
Shares of CCVTF opened at $1.17 on Thursday. The firm has a 50 day moving average of $1.17 and a 200 day moving average of $1.17. China Conch Venture has a twelve month low of $0.94 and a twelve month high of $1.17.
About China Conch Venture
China Conch Venture Holdings Limited, trading OTC under the ticker CCVTF, is a Hong Kong–listed subsidiary of Anhui Conch Cement, one of China’s largest cement producers by volume. The company focuses on the manufacture and sale of specialized chemical materials that support the building, construction and related industrial sectors.
Its core product portfolio includes vinyl acetate monomer (VAM) and derivatives such as polyvinyl acetate emulsions and water-based adhesives, which find application in paints, coatings, paper, textiles and packaging.
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