Anhui Conch Cement Company Limited (OTCMKTS:AHCHY – Get Rating) was the target of a significant decrease in short interest in the month of August. As of August 15th, there was short interest totalling 36,400 shares, a decrease of 43.1% from the July 31st total of 64,000 shares. Based on an average daily trading volume, of 89,000 shares, the short-interest ratio is presently 0.4 days.

Anhui Conch Cement Stock Performance

Shares of OTCMKTS:AHCHY opened at $19.59 on Friday. Anhui Conch Cement has a 52 week low of $18.78 and a 52 week high of $31.45. The company has a 50-day moving average price of $20.56 and a 200 day moving average price of $23.84.

Anhui Conch Cement Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, July 15th. Investors of record on Friday, June 3rd were issued a dividend of $1.5973 per share. The ex-dividend date was Thursday, June 2nd. This represents a dividend yield of 6.36%.

About Anhui Conch Cement

Anhui Conch Cement Company Limited, together with its subsidiaries, manufactures, sells, and trades in clinker and cement products. The company conducts its operations through five segments, which include Eastern China, Central China, Southern China, Western China, and Overseas. It provides construction and installation services for industrial purposes; logistic services; and mining and related services.

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