Anhui Conch Cement Co. (OTCMKTS:AHCHY) Short Interest Down 99.4% in April

Key Points

• Short interest down 99.4% — as of April 15 short interest was 156 shares, a 99.4% drop from 27,799 on March 31, representing 0.0% of shares short and a days-to-cover ratio of 0.0.
• Stock and recent results — AHCHY traded at $12.75 (market cap $13.46B, P/E 11.49) and reported Q1 EPS of $0.25 versus a consensus $0.42 while revenue matched $5.58 billion, indicating an earnings miss despite steady sales.

Anhui Conch Cement Co. (OTCMKTS:AHCHY - Get Free Report) saw a large drop in short interest in April. As of April 15th, there was short interest totaling 156 shares, a drop of 99.4% from the March 31st total of 27,799 shares. Currently, 0.0% of the company's stock are short sold. Based on an average trading volume of 118,470 shares, the days-to-cover ratio is presently 0.0 days.

Anhui Conch Cement Stock Up 0.2%

OTCMKTS:AHCHY traded up $0.03 during mid-day trading on Friday, hitting $12.75. 18,665 shares of the company's stock were exchanged, compared to its average volume of 40,304. The company has a market cap of $13.46 billion, a PE ratio of 11.49 and a beta of 0.24. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.19 and a quick ratio of 2.92. Anhui Conch Cement has a one year low of $11.82 and a one year high of $17.11. The business has a fifty day moving average price of $14.24 and a 200 day moving average price of $14.82.

Anhui Conch Cement (OTCMKTS:AHCHY - Get Free Report) last released its earnings results on Tuesday, March 24th. The company reported $0.25 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.17). Anhui Conch Cement had a return on equity of 4.06% and a net margin of 9.90%.The company had revenue of $5.58 billion during the quarter, compared to the consensus estimate of $5.58 billion.

Anhui Conch Cement Company Profile

Anhui Conch Cement Company Limited OTCMKTS: AHCHY is one of China’s leading cement manufacturers, specializing in the production and sale of cement, clinker and related building materials. Headquartered in Wuhu, Anhui Province, the company operates an integrated network of production facilities that serve residential, commercial and infrastructure markets across multiple regions in China. Its product portfolio covers a broad range of cement types, including ordinary portland cement, blended cement and special-purpose cements for roads and high‐performance construction projects.

Established in 1997 as part of the Anhui Conch Group’s expansion into building materials, Anhui Conch Cement was listed on the Shanghai Stock Exchange in 2003.

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