Short Interest in China Resources Building Materials Technology Holdings Limited (OTCMKTS:CARCY) Decreases By 50.0%

China Resources Building Materials Technology Holdings Limited (OTCMKTS:CARCY) saw a large decline in short interest in February. As of February 15th, there was short interest totalling 100 shares, a decline of 50.0% from the January 31st total of 200 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 1.0 days.

China Resources Building Materials Technology Price Performance

Shares of OTCMKTS:CARCY remained flat at $6.05 during midday trading on Friday. The stock’s 50-day simple moving average is $5.90 and its 200-day simple moving average is $6.68. The stock has a market cap of $1.41 billion, a PE ratio of 46.54 and a beta of 0.09. China Resources Building Materials Technology has a 52 week low of $3.86 and a 52 week high of $8.81.

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.