Heidelberg Materials (OTCMKTS:HDLMY) Short Interest Update

Heidelberg Materials (OTCMKTS:HDLMY) was the recipient of a significant drop in short interest during the month of April. As of April 30th, there was short interest totaling 19,452 shares, a drop of 57.5% from the April 15th total of 45,762 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 125,649 shares, the days-to-cover ratio is presently 0.2 days.

Heidelberg Materials Stock Performance

Shares of OTCMKTS HDLMY traded down $3.49 during mid-day trading on Friday, reaching $39.21. 280,849 shares of the company were exchanged, compared to its average volume of 137,486. The firm’s 50-day moving average is $42.12. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.84 and a current ratio of 1.24. Heidelberg Materials has a twelve month low of $36.59 and a twelve month high of $57.79.

Wall Street Analysts Forecast Growth

A number of analysts have commented on HDLMY shares. Zacks Research cut shares of Heidelberg Materials from a “hold” rating to a “strong sell” rating in a research note on Friday, April 24th. Citigroup upgraded shares of Heidelberg Materials from a “hold” rating to a “strong-buy” rating in a research note on Thursday, March 5th. Two investment analysts have rated the stock with a Strong Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

About Heidelberg Materials

Heidelberg Materials (OTCMKTS: HDLMY) is a Germany‐based multinational building materials company with a core focus on cement production, aggregates, ready‐mixed concrete, asphalt, and other construction solutions. As one of the world’s leading cement producers, the company supplies essential raw and processed materials used in infrastructure, commercial, and residential construction projects. Its product portfolio also encompasses specialty cement, mineral additives, and tailored concrete technologies designed to meet diverse engineering and environmental requirements.

Operating in more than 50 countries across Europe, North America, Asia-Pacific, Latin America, the Middle East, and Africa, Heidelberg Materials maintains an extensive network of production facilities and distribution channels.