Anhui Conch Cement Company Limited (OTCMKTS:AHCHY) Short Interest Update

Anhui Conch Cement Company Limited (OTCMKTS:AHCHY - Get Free Report) was the target of a large increase in short interest during the month of April. As of April 30th, there was short interest totalling 36,100 shares, an increase of 1,103.3% from the April 15th total of 3,000 shares. Based on an average daily trading volume, of 91,800 shares, the days-to-cover ratio is currently 0.4 days.

Anhui Conch Cement Price Performance

Shares of AHCHY stock traded up $0.34 during trading hours on Friday, hitting $12.50. 11,192 shares of the company's stock traded hands, compared to its average volume of 54,875. Anhui Conch Cement has a 12 month low of $9.82 and a 12 month high of $15.84. The stock's 50 day simple moving average is $11.06 and its 200 day simple moving average is $11.15.

Anhui Conch Cement Cuts Dividend

The company also recently declared a dividend, which will be paid on Thursday, July 18th. Shareholders of record on Tuesday, June 4th will be given a dividend of $0.5496 per share. The ex-dividend date is Tuesday, June 4th.

Anhui Conch Cement Company Profile

Anhui Conch Cement Company Limited, together with its subsidiaries, manufactures, sells, and trades in clinker and cement products. The company operates through five segments: Eastern China, Central China, Southern China, Western China, and Overseas. It provides construction and installation services for industrial purposes; logistic services; and mining and related services.