China National Building Material Company Limited (OTCMKTS:CBUMY) Short Interest Up 176.5% in November

China National Building Material Company Limited (OTCMKTS:CBUMY) was the target of a large increase in short interest during the month of November. As of November 30th, there was short interest totalling 4,700 shares, an increase of 176.5% from the November 15th total of 1,700 shares. Based on an average daily trading volume, of 1,500 shares, the short-interest ratio is currently 3.1 days.

China National Building Material Trading Up 3.9 %

Shares of CBUMY traded up $0.89 during trading hours on Wednesday, hitting $23.79. The stock had a trading volume of 136 shares, compared to its average volume of 2,703. The company’s fifty day simple moving average is $21.40 and its 200 day simple moving average is $18.86. China National Building Material has a 12-month low of $13.10 and a 12-month high of $26.34.

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.