China National Building Material Company Limited (OTCMKTS:CBUMY) Sees Large Increase in Short Interest

China National Building Material Company Limited (OTCMKTS:CBUMY) was the recipient of a large increase in short interest in the month of September. As of September 30th, there was short interest totalling 1,300 shares, an increase of 116.7% from the September 15th total of 600 shares. Based on an average trading volume of 1,400 shares, the short-interest ratio is currently 0.9 days.

China National Building Material Stock Performance

CBUMY traded up $0.10 on Friday, reaching $20.31. 3,402 shares of the stock were exchanged, compared to its average volume of 1,951. The company’s 50-day moving average price is $16.20 and its 200 day moving average price is $18.37. China National Building Material has a fifty-two week low of $13.10 and a fifty-two week high of $26.34.

China National Building Material Company Profile

China National Building Material Company Limited, an investment holding company, engages in building material, new materials, and engineering technical services businesses. The company operates through five segments: Cement, Concrete, New materials, Engineering Technology Services, and Others. It produces and sells cement, concrete, and fibreglass, as well as composite and light building materials.