China National Building Material Company Limited (OTCMKTS:CBUMY) Short Interest Down 23.9% in December

China National Building Material Company Limited (OTCMKTS:CBUMY) was the recipient of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totalling 5,400 shares, a decrease of 23.9% from the December 15th total of 7,100 shares. Based on an average daily trading volume, of 1,600 shares, the short-interest ratio is currently 3.4 days.

China National Building Material Stock Performance

CBUMY remained flat at $21.44 during midday trading on Thursday. 148 shares of the company traded hands, compared to its average volume of 2,208. China National Building Material has a 52-week low of $13.10 and a 52-week high of $26.34. The company’s 50 day moving average price is $22.21 and its two-hundred day moving average price is $19.25.

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.