China National Building Material Company Limited (OTCMKTS:CBUMY) Short Interest Update

China National Building Material Company Limited (OTCMKTS:CBUMY) was the recipient of a significant decline in short interest in December. As of December 31st, there was short interest totalling 5,400 shares, a decline of 23.9% from the December 15th total of 7,100 shares. Based on an average daily trading volume, of 1,600 shares, the days-to-cover ratio is currently 3.4 days.

China National Building Material Stock Performance

CBUMY remained flat at $21.44 during trading on Wednesday. 147 shares of the company traded hands, compared to its average volume of 2,208. The stock has a 50 day moving average of $22.21 and a 200-day moving average of $19.25. China National Building Material has a 1-year low of $13.10 and a 1-year 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.