Short Interest in Heidelberg Materials (OTCMKTS:HDLMY) Decreases By 44.0%

Heidelberg Materials (OTCMKTS:HDLMY) was the target of a significant decline in short interest in July. As of July 31st, there was short interest totaling 5,435 shares, a decline of 44.0% from the July 15th total of 9,706 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 158,891 shares, the days-to-cover ratio is currently 0.0 days.

Heidelberg Materials Stock Performance

Shares of Heidelberg Materials stock traded down $0.29 during trading on Monday, reaching $37.12. The company’s stock had a trading volume of 45,041 shares, compared to its average volume of 130,164. The company has a 50-day simple moving average of $39.36 and a two-hundred day simple moving average of $42.45. Heidelberg Materials has a 1-year low of $36.15 and a 1-year high of $57.79. The company has a quick ratio of 0.84, a current ratio of 1.24 and a debt-to-equity ratio of 0.30.

Wall Street Analyst Weigh In

Separately, Zacks Research downgraded shares of Heidelberg Materials from a “hold” rating to a “strong sell” rating in a research report on Monday, July 6th. Two research analysts have rated the stock with a Strong Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Heidelberg Materials has an average rating of “Moderate Buy”.

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.