Short Interest in China National Building Material Company Limited (OTCMKTS:CBUMY) Expands By 700.0%

China National Building Material Company Limited (OTCMKTS:CBUMY) was the recipient of a large growth in short interest in April. As of April 15th, there was short interest totalling 800 shares, a growth of 700.0% from the March 31st total of 100 shares. Based on an average trading volume of 500 shares, the short-interest ratio is presently 1.6 days.

China National Building Material Price Performance

Shares of OTCMKTS:CBUMY opened at $18.61 on Friday. China National Building Material has a 52-week low of $17.20 and a 52-week high of $38.20. The stock has a 50 day moving average price of $18.88 and a 200-day moving average price of $20.64.

China National Building Material Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, July 12th. Stockholders of record on Monday, May 6th will be given a $1.353 dividend. The ex-dividend date of this dividend 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.