Short Interest in China National Building Material Company Limited (OTCMKTS:CBUMY) Decreases By 11.1%

China National Building Material Company Limited (OTCMKTS:CBUMY) was the target of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totalling 800 shares, a decrease of 11.1% from the August 15th total of 900 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 8.0 days.

China National Building Material Stock Performance

Shares of CBUMY remained flat at $13.15 on Tuesday. 3 shares of the company traded hands, compared to its average volume of 2,162. China National Building Material has a fifty-two week low of $13.10 and a fifty-two week high of $25.90. The firm has a 50-day moving average price of $16.23 and a 200 day moving average price of $18.45.

About China National Building Material

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.