Short Interest Increases by 16.7% in China Resources Building Materials Technology Holdings Limited (OTCMKTS:CARCY)

An investment holding company, China Resources Building Materials Technology Holdings Limited (OTCMKTS:CARCY) experienced a significant increase in short interest in June. On June 15th, there were 700 shares shorted, a 16.7% increase from the total of 600 shares on May 31st. With an average trading volume of 100 shares, the days-to-cover ratio is currently at 7.0 days.

The stock opened at $5.26 on Monday, with a current ratio of 0.83, quick ratio of 0.61, and debt-to-equity ratio of 0.32. The company’s fifty-day simple moving average is $5.42 and its 200-day simple moving average is $5.32. Its one-year low is $3.86 and high is $12.40, with a market cap of $1.22 billion, PE ratio of 11.95 and beta of 0.11 as of June 3rd .

Recently, the company announced a dividend that will be paid on August 1st to investors who have record on May

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