China Resources Building Materials Technology Holdings Limited (OTCMKTS:CARCY) Sees Significant Drop in Short Interest

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

China Resources Building Materials Technology Stock Performance

OTCMKTS:CARCY remained flat at $5.85 during mid-day trading on Thursday. The business has a 50 day moving average of $6.38 and a 200-day moving average of $6.78. China Resources Building Materials Technology has a 52 week low of $3.86 and a 52 week high of $8.81. The firm has a market capitalization of $1.36 billion, a price-to-earnings ratio of 45.00 and a beta of 0.10.

China Resources Building Materials Technology (OTCMKTS:CARCY) last posted its earnings results on Monday, October 28th. The company reported $0.08 EPS for the quarter. The firm had revenue of $762.93 million during the quarter. China Resources Building Materials Technology had a net margin of 1.07% and a return on equity of 0.38%. As a group, research analysts predict that China Resources Building Materials Technology will post 0.07 EPS for the current fiscal year.

China Resources Building Materials Technology Company Profile

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.