China Resources Building Materials Technology Holdings Limited (OTCMKTS:CARCY) Short Interest Up 16.7% in June

China Resources Building Materials Technology Holdings Limited (OTCMKTS:CARCY) was the target of a significant increase in short interest in June. As of June 15th, there was short interest totalling 700 shares, an increase of 16.7% from the May 31st total of 600 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 7.0 days.

China Resources Building Materials Technology Stock Performance

CARCY stock opened at $5.26 on Tuesday. China Resources Building Materials Technology has a fifty-two week low of $3.86 and a fifty-two week high of $12.40. The company’s 50 day moving average price is $5.44 and its 200 day moving average price is $5.31. The firm has a market capitalization of $1.22 billion, a price-to-earnings ratio of 11.95 and a beta of 0.11.

China Resources Building Materials Technology Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, August 1st. Stockholders of record on Friday, May 31st will be given a dividend of $0.0219 per share. The ex-dividend date is Friday, May 31st. China Resources Building Materials Technology’s dividend payout ratio (DPR) is currently 9.09%.

China Resources Building Materials Technology Company Profile

China Resources Building Materials Technology Holdings Limited, an investment holding company, manufactures and sells cement, concrete, aggregates, and related products and services in Mainland China. It operates through Cement, Concrete, and Aggregates and Others segments. The company engages in the excavation of limestone; and production, sale, and distribution of cement, clinker, and concrete.