China Resources Building Materials Technology Holdings Limited (OTCMKTS:CARCY) Short Interest Up 2,850.0% in July

China Resources Building Materials Technology Holdings Limited (OTCMKTS:CARCY) was the target of a significant growth in short interest in the month of July. As of July 15th, there was short interest totalling 17,700 shares, a growth of 2,850.0% from the June 30th total of 600 shares. Based on an average trading volume of 4,500 shares, the days-to-cover ratio is presently 3.9 days.

China Resources Building Materials Technology Price Performance

CARCY stock opened at $6.64 on Friday. China Resources Building Materials Technology has a 52-week low of $3.86 and a 52-week high of $12.40. The company’s 50 day simple moving average is $5.87 and its 200-day simple moving average is $5.30. The firm has a market capitalization of $1.55 billion, a P/E ratio of 15.09 and a beta of 0.06.

China Resources Building Materials Technology Cuts Dividend

The company also recently declared a dividend, which will be paid on Thursday, August 1st. Stockholders of record on Friday, May 31st will be issued a dividend of $0.0219 per share. The ex-dividend date of this dividend is Friday, May 31st. China Resources Building Materials Technology’s dividend payout ratio is currently 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.