China National Building Material Company Limited (OTCMKTS:CBUMY) Short Interest Up 246.2% in October

China National Building Material Company Limited (OTCMKTS:CBUMY) saw a large growth in short interest in October. As of October 15th, there was short interest totalling 4,500 shares, a growth of 246.2% from the September 30th total of 1,300 shares. Based on an average daily trading volume, of 4,100 shares, the short-interest ratio is presently 1.1 days.

China National Building Material Stock Up 2.6 %

Shares of CBUMY stock traded up $0.53 during mid-day trading on Friday, reaching $20.66. The stock had a trading volume of 52,440 shares, compared to its average volume of 2,718. China National Building Material has a 1-year low of $13.10 and a 1-year high of $26.34. The business’s fifty day moving average is $16.93 and its 200-day moving average is $18.49.

About China National Building Material

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.