Short Interest in Heidelberg Materials (OTCMKTS:HDLMY) Increases By 102.2%

Heidelberg Materials (OTCMKTS:HDLMY) saw a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 15,584 shares, an increase of 102.2% from the June 15th total of 7,707 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 132,555 shares, the days-to-cover ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

Separately, Zacks Research lowered Heidelberg Materials from a “hold” rating to a “strong sell” rating in a research note on Monday, July 6th. Two investment analysts have rated the stock with a Strong Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

Heidelberg Materials Price Performance

Shares of OTCMKTS HDLMY traded up $1.42 during mid-day trading on Wednesday, reaching $39.75. 27,825 shares of the company’s stock were exchanged, compared to its average volume of 135,355. Heidelberg Materials has a twelve month low of $36.59 and a twelve month high of $57.79. The company has a current ratio of 1.24, a quick ratio of 0.84 and a debt-to-equity ratio of 0.30. The business has a fifty day simple moving average of $41.14 and a 200 day simple moving average of $44.96.

Heidelberg Materials Company Profile

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.