Short Interest in Heidelberg Materials AG (OTCMKTS:HDELY) Increases By 151.8%

Heidelberg Materials AG (OTCMKTS:HDELY) saw a significant growth in short interest in the month of June. As of June 30th, there was short interest totalling 21,400 shares, a growth of 151.8% from the June 15th total of 8,500 shares. Based on an average daily volume of 68,800 shares, the short-interest ratio is presently 0.3 days.

Heidelberg Materials Price Performance

Shares of OTCMKTS:HDELY opened at $22.17 on Friday. The company has a 50 day moving average of $21.02 and a 200-day moving average of $19.95. The company has a quick ratio of 0.83, a current ratio of 1.20 and a debt-to-equity ratio of 0.30. Heidelberg Materials has a twelve month low of $13.83 and a twelve month high of $22.65.

Heidelberg Materials Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, June 6th. Shareholders of record on Monday, May 20th were paid a dividend of $0.4204 per share. This is a positive change from Heidelberg Materials’s previous dividend of $0.37. The ex-dividend date was Friday, May 17th.

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.