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

Anhui Conch Cement Company Limited (OTCMKTS:AHCHY) saw a significant increase in short interest in the month of 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 trading volume, of 18,000 shares, the days-to-cover ratio is currently 1.2 days.

Anhui Conch Cement Stock Performance

Shares of OTCMKTS:AHCHY opened at $13.20 on Friday. Anhui Conch Cement has a 52 week low of $9.82 and a 52 week high of $17.19. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.03 and a current ratio of 3.40. The firm has a 50 day simple moving average of $13.41 and a 200 day simple moving average of $12.46.

About Anhui Conch Cement

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.