China National Building Material Company Limited (OTCMKTS:CBUMY) Sees Significant Drop in Short Interest

China National Building Material Company Limited (OTCMKTS:CBUMY) was the recipient of a large drop in short interest during the month of January. As of January 31st, there was short interest totalling 5,000 shares, a drop of 12.3% from the January 15th total of 5,700 shares. Based on an average daily trading volume, of 1,200 shares, the short-interest ratio is currently 4.2 days.

China National Building Material Stock Performance

OTCMKTS:CBUMY opened at $24.91 on Monday. China National Building Material has a 52 week low of $13.10 and a 52 week high of $26.34. The firm has a 50-day moving average price of $23.18 and a two-hundred day moving average price of $20.08.

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.