Short Interest in China Resources Building Materials Technology Holdings Limited (OTCMKTS:CARCY) Expands By 100.0%

China Resources Building Materials Technology Holdings Limited (OTCMKTS:CARCY) was the target of a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 400 shares, a growth of 100.0% from the March 31st total of 200 shares. Based on an average daily volume of 1,400 shares, the short-interest ratio is currently 0.3 days.

China Resources Building Materials Technology Price Performance

Shares of CARCY traded up $0.78 during midday trading on Friday, hitting $4.64. 1,653 shares of the company traded hands, compared to its average volume of 521. The firm has a 50 day moving average of $4.84 and a 200-day moving average of $5.81. China Resources Building Materials Technology has a 52 week low of $3.86 and a 52 week high of $13.19. The stock has a market cap of $1.08 billion, a price-to-earnings ratio of 10.54 and a beta of 0.20. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.61 and a current ratio of 0.83.

About China Resources Building Materials Technology

China Resources Building Materials Technology Holdings Limited, an investment holding company, engages in manufacture and sale of cement, concrete, and related products and services in Mainland China and Hong Kong. It operates through Cement and Concrete segments. The company engages in the excavation of limestone; and production, sale, and distribution of cement, clinker, and concrete.