China National Building Material Company Limited (OTCMKTS:CBUMY) Sees Significant Growth in Short Interest

China National Building Material Company Limited (OTCMKTS:CBUMY) was the recipient of a large growth in short interest in March. As of March 31st, there was short interest totaling 351 shares, a growth of 125.0% from the March 15th total of 156 shares. Based on an average trading volume of 115 shares, the short-interest ratio is presently 3.1 days.

China National Building Material Price Performance

Shares of OTCMKTS CBUMY opened at $32.38 on Tuesday. The business has a fifty day moving average price of $34.03 and a two-hundred day moving average price of $32.50. China National Building Material has a fifty-two week low of $21.78 and a fifty-two week high of $49.50.

About China National Building Material

China National Building Material Company Ltd. (OTCMKTS: CBUMY) is a leading Chinese state-owned conglomerate specializing in the production and distribution of building materials and related equipment. The company’s core products include cement, lightweight building boards, fiber cement, and glass fiber materials. Through its subsidiaries, CNBM supplies a wide array of construction inputs used in residential, commercial, and infrastructure projects.

In addition to materials manufacturing, CNBM is active in engineering and equipment design for the construction industry.