The Monarch Cement Co. (OTCMKTS:MCEM) Short Interest Update

The Monarch Cement Co. (OTCMKTS:MCEM) was the recipient of a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 97 shares, an increase of 506.2% from the May 31st total of 16 shares. Based on an average trading volume of 490 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are sold short.

Monarch Cement Trading Up 1.1%

Monarch Cement stock traded up $2.99 during trading on Friday, hitting $283.00. The company had a trading volume of 839 shares, compared to its average volume of 222. Monarch Cement has a 1-year low of $207.00 and a 1-year high of $299.75. The company’s 50 day simple moving average is $279.18 and its 200-day simple moving average is $257.06. The stock has a market cap of $1.06 billion, a price-to-earnings ratio of 14.47 and a beta of 0.40.

Monarch Cement (OTCMKTS:MCEM) last released its quarterly earnings results on Friday, May 8th. The construction company reported $3.03 EPS for the quarter. Monarch Cement had a return on equity of 14.75% and a net margin of 24.43%.The company had revenue of $49.37 million for the quarter.

About Monarch Cement

The Monarch Cement Company engages in the manufacture and sale of portland cement in the United States. The company also provides masonry cement, ready-mixed concrete, concrete products, and sundry building materials. It primarily serves contractors, ready-mixed concrete plants, concrete products plants, building materials dealers, and governmental agencies. The company sells its products principally in the State of Kansas, the State of Iowa, southeast Nebraska, western Missouri, northwest Arkansas, and northern Oklahoma.