Short Interest in China National Building Material Company Limited (OTCMKTS:CBUMY) Expands By 300.0%

China National Building Material Company Limited (OTCMKTS:CBUMY) saw a large increase in short interest in the month of June. As of June 30th, there was short interest totalling 800 shares, an increase of 300.0% from the June 15th total of 200 shares. Based on an average trading volume of 300 shares, the short-interest ratio is presently 2.7 days.

China National Building Material Price Performance

CBUMY stock remained flat at $19.17 on Friday. 31 shares of the company traded hands, compared to its average volume of 2,918. China National Building Material has a fifty-two week low of $17.20 and a fifty-two week high of $30.40. The stock’s fifty day moving average is $20.33 and its two-hundred day moving average is $19.42.

China National Building Material Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, July 12th. Investors of record on Monday, May 6th will be issued a dividend of $1.353 per share. The ex-dividend date is Friday, May 3rd.

China National Building Material Company Profile

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.