Short Interest in China National Building Material Company Limited (OTCMKTS:CBUMY) Drops By 80.0%

China National Building Material Company Limited (OTCMKTS:CBUMY) was the target of a significant decline in short interest in the month of October. As of October 31st, there was short interest totalling 900 shares, a decline of 80.0% from the October 15th total of 4,500 shares. Based on an average daily trading volume, of 9,900 shares, the short-interest ratio is presently 0.1 days.

China National Building Material Price Performance

CBUMY traded up $0.09 during trading hours on Wednesday, reaching $21.25. 2,615 shares of the company’s stock traded hands, compared to its average volume of 2,590. The firm has a 50-day moving average price of $18.63 and a 200 day moving average price of $18.72. China National Building Material has a 52-week low of $13.10 and a 52-week 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.