China National Building Material Company Limited (OTCMKTS:CBUMY) Sees Significant Drop in Short Interest

China National Building Material Company Limited (OTCMKTS:CBUMY) was the recipient of a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 200 shares, a decline of 94.7% from the February 28th total of 3,800 shares. Based on an average trading volume of 900 shares, the days-to-cover ratio is currently 0.2 days.

China National Building Material Stock Performance

China National Building Material stock remained flat at $25.98 during midday trading on Friday. China National Building Material has a 52 week low of $13.10 and a 52 week high of $26.34. The company’s 50 day moving average is $24.92 and its 200 day moving average is $22.08.

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.