Heidelberg Materials AG (OTCMKTS:HLBZF) Sees Significant Growth in Short Interest

Heidelberg Materials AG (OTCMKTS:HLBZF) was the recipient of a large growth in short interest during the month of September. As of September 30th, there was short interest totalling 79,000 shares, a growth of 109.0% from the September 15th total of 37,800 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 790.0 days.

Heidelberg Materials Stock Performance

HLBZF remained flat at $111.50 on Friday. Heidelberg Materials has a 1 year low of $69.44 and a 1 year high of $114.50. The company’s 50 day moving average is $101.72 and its 200 day moving average is $103.70.

Heidelberg Materials Company Profile

Heidelberg Materials AG, together with its subsidiaries, produces and distributes cement, aggregates, ready-mixed concrete, and asphalt worldwide. It provides cement products; natural stone aggregates, including sand and gravel; crushed aggregates comprising stone chippings and crushed stones; and ready-mixed concrete for use in the construction of tunnels or bridges, office buildings, or schools, as well as to produce precast concrete parts, such as stairs, ceiling elements, or structural components.