China National Building Material Company Limited (OTCMKTS:CBUMY) Sees Large Increase in Short Interest

China National Building Material Company Limited (OTCMKTS:CBUMY) was the target of a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 7,100 shares, an increase of 51.1% from the November 30th total of 4,700 shares. Based on an average trading volume of 10,600 shares, the days-to-cover ratio is presently 0.7 days.

China National Building Material Price Performance

China National Building Material stock traded down $0.13 during mid-day trading on Friday, reaching $23.30. 505 shares of the company’s stock traded hands, compared to its average volume of 2,479. China National Building Material has a 12-month low of $13.10 and a 12-month high of $26.34. The stock has a 50 day moving average of $21.90 and a two-hundred day moving average of $18.93.

China National Building Material Company Profile

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.