Short Interest in China Resources Building Materials Technology Holdings Limited (OTCMKTS:CARCY) Drops By 50.0%

China Resources Building Materials Technology Holdings Limited (OTCMKTS:CARCY) was the target of a significant decline in short interest during the month of January. As of January 15th, there was short interest totalling 100 shares, a decline of 50.0% from the December 31st total of 200 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 1.0 days.

China Resources Building Materials Technology Stock Performance

OTCMKTS:CARCY opened at $5.85 on Wednesday. The firm has a market capitalization of $1.36 billion, a PE ratio of 45.00 and a beta of 0.10. The firm’s fifty day simple moving average is $6.44 and its 200 day simple moving average is $6.79. China Resources Building Materials Technology has a 1 year low of $3.86 and a 1 year high of $8.81.

China Resources Building Materials Technology (OTCMKTS:CARCY) last announced its earnings results on Monday, October 28th. The company reported $0.08 earnings per share for the quarter. China Resources Building Materials Technology had a return on equity of 0.38% and a net margin of 1.07%. The firm had revenue of $762.93 million during the quarter. As a group, analysts anticipate that China Resources Building Materials Technology will post 0.07 EPS for the current fiscal year.

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.