Taiheiyo Cement Co. (OTCMKTS:THYCY – Get Free Report) saw a large increase in short interest in September. As of September 30th, there was short interest totaling 341 shares, an increase of 113.1% from the September 15th total of 160 shares. Based on an average trading volume of 94 shares, the days-to-cover ratio is currently 3.6 days.
Taiheiyo Cement Stock Performance
Shares of THYCY opened at $6.63 on Wednesday. Taiheiyo Cement has a fifty-two week low of $5.42 and a fifty-two week high of $7.39. The business’s 50-day moving average is $6.57 and its 200-day moving average is $6.41.
About Taiheiyo Cement
Taiheiyo Cement Corporation is a Japan-based manufacturer of cement and construction materials. Its principal products include ordinary and specialty cement, ready-mixed concrete, aggregates, and other materials used in infrastructure, commercial construction, and residential development.
The company also operates businesses related to resource recycling and environmental solutions. These activities include the use of waste and industrial byproducts as alternative raw materials and fuels in cement production, supporting waste treatment and resource recovery.
Taiheiyo Cement was formed in 1998 through the merger of Chichibu Onoda Cement and Nihon Cement.
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