The Monarch Cement Co. (OTCMKTS:MCEM) Sees Large Growth in Short Interest

Key Points

• The Monarch Cement Co. observed a significant **250% increase** in short interest, totaling **700 shares** as of September 30th.
• The company has a **market capitalization** of **$834.94 million** and reported earnings of **$4.99 per share** for the last quarter.
• Recently, Monarch Cement announced a **dividend of $0.83 per share**, resulting in a yield of **140%**, with a payout ratio of **20.66%**.

The Monarch Cement Co. (OTCMKTS:MCEM - Get Free Report) was the recipient of a large growth in short interest in September. As of September 30th, there was short interest totaling 700 shares, a growth of 250.0% from the September 15th total of 200 shares. Based on an average trading volume of 1,700 shares, the short-interest ratio is presently 0.4 days. Based on an average trading volume of 1,700 shares, the short-interest ratio is presently 0.4 days.

Monarch Cement Stock Performance

OTCMKTS MCEM traded up $3.00 during trading on Friday, hitting $228.00. The stock had a trading volume of 2,246 shares, compared to its average volume of 1,266. The company's 50-day moving average price is $232.97 and its two-hundred day moving average price is $236.44. Monarch Cement has a 12 month low of $183.51 and a 12 month high of $305.00. The company has a market capitalization of $834.94 million, a PE ratio of 14.19 and a beta of 0.59.

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

Monarch Cement Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, September 5th. Shareholders of record on Tuesday, August 26th were given a dividend of $0.83 per share. The ex-dividend date of this dividend was Monday, August 25th. This represents a yield of 140.0%. Monarch Cement's dividend payout ratio (DPR) is 20.66%.

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.

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