Is ANHUI CONCH CEMENT SHARES -H-ORDINARY SH (OTCMKTS:AHCHF)’s Fuel Running Low? Reports Show More Sellers

June 17, 2018 - By Louis Casey

The stock of ANHUI CONCH CEMENT SHARES -H-ORDINARY SH (OTCMKTS:AHCHF) registered an increase of 9.55% in short interest. AHCHF’s total short interest was 3.70M shares in June as published by FINRA. Its up 9.55% from 3.38 million shares, reported previously. With 10,700 shares average volume, it will take short sellers 346 days to cover their AHCHF’s short positions. The short interest to ANHUI CONCH CEMENT SHARES -H-ORDINARY SH’s float is 0.11%.

The stock increased 2.69% or $0.165 during the last trading session, reaching $6.305. About 3,239 shares traded or 58.46% up from the average. Anhui Conch Cement Company Limited (OTCMKTS:AHCHF) has 0.00% since June 17, 2017 and is . It has underperformed by 12.57% the S&P500.

Anhui Conch Cement Company Limited, together with its subsidiaries, makes and sells clinkers and cement products under the CONCH brand in the PeopleÂ’s Republic of China and internationally. The company has market cap of $26.53 billion. It also provides construction and installation services for industrial purposes; logistic and loading services; and mining and related services. It has a 11.57 P/E ratio. In addition, the firm makes and sells cement packaging products and refractory materials; trades in coal products; and develops and sells profile and related products, as well as exports clinker and cement products.

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