Anhui Conch Cement Company Limited (OTCMKTS:AHCHY) Short Interest Up 777.8% in December

Anhui Conch Cement Company Limited (OTCMKTS:AHCHY) was the recipient of a large growth in short interest in December. As of December 31st, there was short interest totalling 15,800 shares, a growth of 777.8% from the December 15th total of 1,800 shares. Based on an average daily trading volume, of 46,200 shares, the short-interest ratio is presently 0.3 days.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group upgraded shares of Anhui Conch Cement from a “strong sell” rating to a “hold” rating in a research report on Wednesday, January 8th.

Anhui Conch Cement Price Performance

AHCHY traded up $0.05 on Monday, reaching $12.46. The company had a trading volume of 28,259 shares, compared to its average volume of 28,543. The company has a fifty day moving average of $13.19 and a 200-day moving average of $12.72. The company has a market capitalization of $13.21 billion, a P/E ratio of 7.51 and a beta of 0.28. The company has a current ratio of 3.40, a quick ratio of 3.03 and a debt-to-equity ratio of 0.08. Anhui Conch Cement has a one year low of $9.82 and a one year high of $17.19.

Anhui Conch Cement Company Profile

Anhui Conch Cement Company Limited, together with its subsidiaries, manufactures, sells, and trades in clinker and cement products. The company operates through five segments: Eastern China, Central China, Southern China, Western China, and Overseas. It provides construction and installation services for industrial purposes; logistic services; and mining and related services.