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

China Resources Building Materials Technology Holdings Limited (OTCMKTS:CARCY) was the recipient of a large increase in short interest during the month of June. As of June 15th, there was short interest totalling 700 shares, an increase of 16.7% from the May 31st total of 600 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 7.0 days.

China Resources Building Materials Technology Price Performance

CARCY opened at $5.26 on Wednesday. The business has a 50 day moving average price of $5.47 and a two-hundred day moving average price of $5.30. The company has a market cap of $1.22 billion, a PE ratio of 11.95 and a beta of 0.06. China Resources Building Materials Technology has a 52 week low of $3.86 and a 52 week high of $12.40.

China Resources Building Materials Technology Cuts Dividend

The firm also recently announced a dividend, which will be paid on Thursday, August 1st. Stockholders of record on Friday, May 31st will be paid a dividend of $0.0219 per share. The ex-dividend date is Friday, May 31st. China Resources Building Materials Technology’s dividend payout ratio (DPR) is 9.09%.

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.