China National Building Material Company Limited (OTCMKTS:CBUMY) Short Interest Down 12.3% in January

China National Building Material Company Limited (OTCMKTS:CBUMYGet Free Report) was the recipient of a significant decrease in short interest during the month of January. As of January 31st, there was short interest totalling 5,000 shares, a decrease of 12.3% from the January 15th total of 5,700 shares. Based on an average daily volume of 1,200 shares, the days-to-cover ratio is presently 4.2 days.

China National Building Material Stock Performance

CBUMY stock remained flat at $24.91 during trading on Friday. The company’s stock had a trading volume of 6 shares, compared to its average volume of 1,186. The firm’s 50-day simple moving average is $23.18 and its 200 day simple moving average is $20.08. China National Building Material has a 1 year low of $13.10 and a 1 year high of $26.34.

China National Building Material Company Profile

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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.

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