China Resources Building Materials Technology Seeing Increase in Short Interest

China Resources Building Materials Technology Holdings Limited (OTCMKTS:CARCY – Get Free Report) saw a significant increase in short interest in June. The company had 700 shares shorted on June 15th, which represents a 16.7% increase from the previous month. With an average trading volume of just 100 shares, the days-to-cover ratio is currently at 7.0 days.

On Monday, the stock of China Resources Building Materials Technology opened at $5.26, resulting in a 2.6% decrease from its previous close. The company’s current ratio stands at 0.83, with a quick ratio of 0.61 and a debt-to-equity ratio of 0.32. Its fifty-day simple moving average is $5.42 and its two hundred-day simple moving average is $5.32. The stock has a one-year low of $3.86 and a high of $12.40, with a market cap of $1.22 billion and a PE ratio of 11.95.

China Resources Building Materials Technology also has a beta coefficient of 0