Short Interest in China National Building Material Company Limited (OTCMKTS:CBUMY) Increases By 88.9%

China National Building Material Company Limited (OTCMKTS:CBUMY) was the target of a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 1,700 shares, a growth of 88.9% from the October 31st total of 900 shares. Based on an average trading volume of 1,800 shares, the short-interest ratio is presently 0.9 days.

China National Building Material Stock Performance

Shares of OTCMKTS CBUMY traded up $0.43 during trading on Thursday, reaching $21.21. 501 shares of the company traded hands, compared to its average volume of 2,445. The firm has a 50 day simple moving average of $20.30 and a 200-day simple moving average of $18.87. China National Building Material has a 52-week low of $13.10 and a 52-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.