The Monarch Cement Co. (OTCMKTS:MCEM) Short Interest Update

Key Points

• Short interest in Monarch Cement Co. grew by 100.0% in August, increasing from 100 shares to 200 shares, representing approximately 0.0% of the company's stock.
• The company recently announced a $0.83 dividend, yielding 140.0%, which was paid on September 5th to stockholders of record as of August 26th.
• Monarch Cement reported $4.99 earnings per share for the last quarter, with revenue of $67.83 million and a net margin of 19.56%.

The Monarch Cement Co. (OTCMKTS:MCEM - Get Free Report) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totaling 200 shares, an increase of 100.0% from the August 15th total of 100 shares. Approximately 0.0% of the company's stock are sold short. Based on an average daily volume of 1,500 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 1,500 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company's stock are sold short.

Monarch Cement Price Performance

MCEM stock traded up $3.50 during trading hours on Friday, reaching $234.86. The stock had a trading volume of 410 shares, compared to its average volume of 726. The stock has a market capitalization of $859.59 million, a PE ratio of 14.61 and a beta of 0.59. The stock has a 50-day simple moving average of $235.93 and a 200 day simple moving average of $235.59. Monarch Cement has a fifty-two week low of $181.26 and a fifty-two week high of $305.00.

Monarch Cement (OTCMKTS:MCEM - Get Free Report) last announced its quarterly earnings results on Friday, August 8th. The construction company reported $4.99 EPS for the quarter. The firm had revenue of $67.83 million during the quarter. Monarch Cement had a net margin of 19.56% and a return on equity of 12.31%.

Monarch Cement Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, September 5th. Investors of record on Tuesday, August 26th were paid a $0.83 dividend. The ex-dividend date was Monday, August 25th. This represents a dividend yield of 140.0%. Monarch Cement's dividend payout ratio is 20.66%.

About Monarch Cement

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.