The Monarch Cement Co. (OTCMKTS:MCEM) Stock Short Interest Rises 160.0%

The Monarch Cement Co. (OTCMKTS:MCEM) was the target of a significant growth in short interest in September. As of September 30th, there was short interest totaling 78 shares, a growth of 160.0% from the September 15th total of 30 shares. Based on an average daily volume of 404 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the shares of the stock are sold short.

Monarch Cement Stock Performance

OTCMKTS:MCEM traded up $1.78 during mid-day trading on Wednesday, reaching $257.99. The stock had a trading volume of 6 shares, compared to its average volume of 541. The stock has a market capitalization of $957.14 million, a P/E ratio of 12.76 and a beta of 0.38. Monarch Cement has a one year low of $207.00 and a one year high of $299.75. The firm has a 50 day moving average price of $266.21 and a two-hundred day moving average price of $271.15.

Monarch Cement (OTCMKTS:MCEM) last announced its quarterly earnings data on Monday, August 10th. The construction company reported $5.65 earnings per share for the quarter. The firm had revenue of $69.74 million during the quarter. Monarch Cement had a net margin of 28.98% and a return on equity of 17.20%.

About Monarch Cement

The Monarch Cement Company manufactures and sells cement products for construction and related industrial applications. Its product portfolio includes Portland cement and other cement products used in concrete, masonry, infrastructure, commercial, and residential projects.

Founded in 1908, the company is headquartered in Humboldt, Kansas. Monarch Cement operates manufacturing facilities in Kansas and Oklahoma and distributes its products through a network serving customers primarily across the central United States.

The company supplies cement to ready-mix producers, concrete-product manufacturers, contractors, building-material dealers, and other construction-related customers.