The Monarch Cement Company (OTCMKTS:MCEM) Short Interest Update

The Monarch Cement Company (OTCMKTS:MCEM) was the target of a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 300 shares, a growth of 200.0% from the February 13th total of 100 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 1,600 shares, the short-interest ratio is currently 0.2 days.

Monarch Cement Trading Down 0.4 %

Shares of MCEM stock traded down $1.00 during midday trading on Thursday, reaching $227.00. 850 shares of the stock were exchanged, compared to its average volume of 2,131. The company’s 50 day moving average is $225.53 and its two-hundred day moving average is $209.27. Monarch Cement has a 1 year low of $170.00 and a 1 year high of $305.00. The firm has a market cap of $831.27 million, a PE ratio of 10.71 and a beta of 0.60.

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.