China National Building Material Company Limited (OTCMKTS:CBUMY) Short Interest Down 80.0% in October

China National Building Material Company Limited (OTCMKTS:CBUMY) was the recipient of a significant drop in short interest in October. As of October 31st, there was short interest totalling 900 shares, a drop of 80.0% from the October 15th total of 4,500 shares. Based on an average daily volume of 9,900 shares, the short-interest ratio is currently 0.1 days.

China National Building Material Stock Up 0.4 %

OTCMKTS CBUMY traded up $0.09 during midday trading on Wednesday, hitting $21.25. 2,615 shares of the company traded hands, compared to its average volume of 2,590. China National Building Material has a 52 week low of $13.10 and a 52 week high of $26.34. The company’s 50-day simple moving average is $18.63 and its 200-day simple moving average is $18.72.

About China National Building Material

China National Building Material Company Limited, an investment holding company, engages in building material, new materials, and engineering technical services businesses. The company operates through five segments: Cement, Concrete, New materials, Engineering Technology Services, and Others. It produces and sells cement, concrete, and fibreglass, as well as composite and light building materials.