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

China National Building Material Company Limited (OTCMKTS:CBUMY) was the target of a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 1,700 shares, an increase of 88.9% from the October 31st total of 900 shares. Based on an average trading volume of 1,800 shares, the short-interest ratio is currently 0.9 days.

China National Building Material Price Performance

Shares of CBUMY traded up $0.43 during mid-day trading on Friday, hitting $21.21. The company had a trading volume of 501 shares, compared to its average volume of 2,445. China National Building Material has a 1-year low of $13.10 and a 1-year high of $26.34. The business’s 50-day simple moving average is $20.45 and its 200-day simple moving average is $18.88.

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.