• Mon. Jul 1st, 2024

Short Interest Increases by 16.7% in China Resources Building Materials Technology Holdings Limited (OTCMKTS:CARCY)

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Jul 1, 2024

China Resources Building Materials Technology Holdings Limited (OTCMKTS:CARCY) experienced a significant growth in short interest in June. As of June 15th, there were 700 shares shorted, a 16.7% increase from the total of 600 shares on May 31st. With an average trading volume of 100 shares, the days-to-cover ratio is currently 7.0 days.

CARCY stock opened at $5.26 on Monday. The company’s current ratio is 0.83, quick ratio is 0.61, and debt-to-equity ratio is 0.32. The stock’s fifty-day simple moving average is $5.42 and its 200-day simple moving average is $5.32. It has a 1-year low of $3.86 and a high of $12.40. With a market cap of $1.22 billion, a PE ratio of 11.95, and a beta of 0.11.

The company recently announced a dividend, which will be paid on August 1st to investors of record on May 31st. The dividend amount is $0.0219. The ex-dividend date is also May 31st, with a current dividend payout ratio of 9.09%.

China Resources Building Materials Technology Holdings Limited, an investment holding company, manufactures and sells cement, concrete, aggregates, and related products in Mainland China. Its operations are divided into Cement, Concrete, Aggregates, and Others segments. The company is involved in limestone excavation, production, sale, and distribution of cement, clinker, and concrete.

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