China Resources Building Materials Technology Holdings Limited (OTCMKTS:CARCY) Sees Significant Decrease in Short Interest

China Resources Building Materials Technology Holdings Limited (OTCMKTS:CARCY) was the recipient of a large decline in short interest during the month of October. As of October 31st, there was short interest totalling 200 shares, a decline of 77.8% from the October 15th total of 900 shares. Based on an average daily volume of 100 shares, the short-interest ratio is presently 2.0 days.

China Resources Building Materials Technology Price Performance

Shares of CARCY remained flat at $7.35 during trading hours on Wednesday. The firm has a 50 day simple moving average of $7.19 and a 200 day simple moving average of $6.43. China Resources Building Materials Technology has a 1-year low of $3.86 and a 1-year high of $8.81. The company has a market capitalization of $1.71 billion, a PE ratio of 56.54 and a beta of 0.08.

China Resources Building Materials Technology (OTCMKTS:CARCY) last issued its quarterly earnings results on Monday, October 28th. The company reported $0.08 earnings per share (EPS) for the quarter. The firm had revenue of $762.93 million for the quarter. China Resources Building Materials Technology had a return on equity of 0.38% and a net margin of 1.07%. As a group, equities research analysts anticipate that China Resources Building Materials Technology will post 0.07 EPS for the current fiscal year.

China Resources Building Materials Technology Increases Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, November 12th. Stockholders of record on Friday, September 13th were issued a $0.0616 dividend. This is an increase from China Resources Building Materials Technology’s previous dividend of $0.02. The ex-dividend date was Friday, September 13th. China Resources Building Materials Technology’s dividend payout ratio (DPR) is 92.31%.

About China Resources Building Materials Technology

China Resources Building Materials Technology Holdings Limited, an investment holding company, manufactures and sells cement, concrete, aggregates, and related products and services in Mainland China. It operates through Cement, Concrete, and Aggregates and Others segments. The company engages in the excavation of limestone; and production, sale, and distribution of cement, clinker, and concrete.