China Resources Building Materials Technology Holdings Limited (OTCMKTS:CARCY) Short Interest Down 50.0% in December

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

China Resources Building Materials Technology Price Performance

Shares of CARCY stock remained flat at $5.85 during trading hours on Wednesday. The business’s 50-day moving average is $6.74 and its two-hundred day moving average is $6.78. The company has a market cap of $1.36 billion, a P/E ratio of 45.00 and a beta of 0.07. China Resources Building Materials Technology has a one year low of $3.86 and a one year high of $8.81.

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

About China Resources Building Materials Technology

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.