Short Interest in Heidelberg Materials AG (OTCMKTS:HLBZF) Declines By 14.1%

Heidelberg Materials AG (OTCMKTS:HLBZF) was the recipient of a significant drop in short interest during the month of September. As of September 15th, there was short interest totalling 37,800 shares, a drop of 14.1% from the August 31st total of 44,000 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 378.0 days.

Heidelberg Materials Stock Performance

OTCMKTS HLBZF remained flat at $111.50 during trading hours on Monday. Heidelberg Materials has a one year low of $69.44 and a one year high of $114.50. The business’s 50 day moving average price is $101.06 and its 200-day moving average price is $102.96.

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.