The Monarch Cement Co. (OTCMKTS:MCEM) Stock Short Interest Report for October

The Monarch Cement Co. (OTCMKTS:MCEM) saw a significant drop in short interest in the month of October. As of October 30th, there was short interest totaling 7 shares, a drop of 75.0% from the October 15th total of 28 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 1,156 shares, the short-interest ratio is presently 0.0 days.

Monarch Cement Trading Up 0.3%

MCEM stock traded up $0.85 during trading on Friday, hitting $274.85. The company had a trading volume of 80 shares, compared to its average volume of 549. The firm has a market capitalization of $1.02 billion, a price-to-earnings ratio of 13.59 and a beta of 0.37. The business has a 50 day moving average of $266.40 and a 200 day moving average of $266.96. Monarch Cement has a fifty-two week low of $208.06 and a fifty-two week high of $299.75.

Monarch Cement (OTCMKTS:MCEM) last issued its quarterly earnings results on Thursday, November 12th. The construction company reported $6.01 earnings per share (EPS) for the quarter. Monarch Cement had a return on equity of 17.20% and a net margin of 28.98%. The firm had revenue of $73.60 million during the quarter.

About Monarch Cement

Monarch Cement Company manufactures and sells cement products for construction and infrastructure projects. Its offerings include portland and masonry cement used in applications such as buildings, roads and other concrete construction. Founded in 1908, the company is based in Humboldt, Kansas, where it operates a cement plant. Its market is centered in Kansas and extends into nearby states, including parts of Missouri, Nebraska and Oklahoma. Monarch also participates in the ready-mixed concrete business, serving construction customers in its regional markets.