China Resources Building Materials Technology Holdings Limited (OTCMKTS:CARCY) Short Interest Up 125.0% in October

China Resources Building Materials Technology Holdings Limited (OTCMKTS:CARCY) was the recipient of a large growth in short interest in October. As of October 15th, there was short interest totalling 900 shares, a growth of 125.0% from the September 30th total of 400 shares. Based on an average daily volume of 800 shares, the short-interest ratio is currently 1.1 days.

China Resources Building Materials Technology Price Performance

Shares of OTCMKTS:CARCY remained flat at $7.50 during mid-day trading on Friday. The firm has a market capitalization of $1.75 billion, a PE ratio of 17.05 and a beta of 0.07. The company has a 50 day moving average price of $7.01 and a 200 day moving average price of $6.17. China Resources Building Materials Technology has a 52 week low of $3.86 and a 52 week high of $8.81.

China Resources Building Materials Technology (OTCMKTS:CARCY) last posted its quarterly earnings data on Friday, August 16th. The company reported $0.11 earnings per share (EPS) for the quarter. The firm had revenue of $706.85 million for the quarter. China Resources Building Materials Technology had a net margin of 0.80% and a return on equity of 0.38%. On average, sell-side analysts forecast that China Resources Building Materials Technology will post 0.07 earnings per share for the current fiscal year.

China Resources Building Materials Technology Increases Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, November 12th. Shareholders of record on Friday, September 13th will be paid a $0.0616 dividend. This is a positive change from China Resources Building Materials Technology’s previous dividend of $0.02. The ex-dividend date of this dividend is Friday, September 13th. China Resources Building Materials Technology’s dividend payout ratio (DPR) is 27.27%.

About China Resources Building Materials Technology

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.