Wienerberger AG (OTCMKTS:WBRBY) Sees Significant Drop in Short Interest

Wienerberger AG (OTCMKTS:WBRBY) saw a large drop in short interest in May. As of May 15th, there was short interest totaling 409 shares, a drop of 64.8% from the April 30th total of 1,162 shares. Based on an average trading volume of 24,173 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

Separately, Citigroup reissued a “buy” rating on shares of Wienerberger in a report on Monday, May 18th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

Wienerberger Stock Up 2.6%

OTCMKTS WBRBY opened at $5.66 on Friday. Wienerberger has a one year low of $4.78 and a one year high of $7.74. The company has a 50-day simple moving average of $5.46 and a 200-day simple moving average of $6.20.

Wienerberger (OTCMKTS:WBRBY) last posted its quarterly earnings results on Wednesday, May 13th. The company reported ($0.07) EPS for the quarter, missing the consensus estimate of ($0.04) by ($0.03). The firm had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.24 billion.

Wienerberger Company Profile

Wienerberger AG is a leading international supplier of building materials and infrastructure solutions, headquartered in Vienna, Austria. The company specializes in clay blocks and facing bricks, as well as concrete and plastic pipe systems for water management and energy distribution. Wienerberger’s products are designed to meet a wide range of architectural and engineering requirements, combining durability with energy efficiency and aesthetic appeal.

In its brick division, Wienerberger offers a variety of clay brick formats under well-known brands, catering to both residential and commercial construction.