Short Interest in The Monarch Cement Co. (OTCMKTS:MCEM) Drops By 66.5%

Key Points

• Short interest in The Monarch Cement Co. dropped by 66.5% in March to 72 shares as of March 31, representing roughly 0.0% of shares sold short and a short‑interest ratio of 0.1 days.
• MCEM shares opened at $254.65, trade within a 52‑week range of $207.00–$270.60, and the company has a market capitalization of about $932 million with a P/E of 14.76.
• In its most recent quarter (reported March 13), Monarch posted EPS of $5.10 on $68.67 million of revenue, with a net margin of 22% and a return on equity of 13%.

The Monarch Cement Co. (OTCMKTS:MCEM - Get Free Report) was the recipient of a significant decline in short interest in the month of March. As of March 31st, there was short interest totaling 72 shares, a decline of 66.5% from the March 15th total of 215 shares. Approximately 0.0% of the company's shares are sold short. Based on an average daily trading volume, of 1,063 shares, the short-interest ratio is presently 0.1 days.

Monarch Cement Stock Up 0.7%

Shares of MCEM stock opened at $254.65 on Friday. The stock has a fifty day moving average of $252.82 and a 200 day moving average of $236.51. Monarch Cement has a 52 week low of $207.00 and a 52 week high of $270.60. The firm has a market capitalization of $932.02 million, a price-to-earnings ratio of 14.76 and a beta of 0.40.

Monarch Cement (OTCMKTS:MCEM - Get Free Report) last issued its quarterly earnings data on Friday, March 13th. The construction company reported $5.10 earnings per share (EPS) for the quarter. Monarch Cement had a net margin of 22.00% and a return on equity of 13.00%. The business had revenue of $68.67 million for the quarter.

Monarch Cement Company Profile

The Monarch Cement Company engages in the manufacture and sale of portland cement in the United States. The company also provides masonry cement, ready-mixed concrete, concrete products, and sundry building materials. It primarily serves contractors, ready-mixed concrete plants, concrete products plants, building materials dealers, and governmental agencies. The company sells its products principally in the State of Kansas, the State of Iowa, southeast Nebraska, western Missouri, northwest Arkansas, and northern Oklahoma.

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