Short Interest in Wienerberger AG (OTCMKTS:WBRBY) Increases By 215.0%

Wienerberger AG (OTCMKTS:WBRBY) was the recipient of a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 315 shares, an increase of 215.0% from the July 30th total of 100 shares. Based on an average trading volume of 12,223 shares, the short-interest ratio is currently 0.0 days.

Wienerberger Stock Performance

WBRBY opened at $4.47 on Thursday. Wienerberger has a fifty-two week low of $4.33 and a fifty-two week high of $7.33. The company’s 50-day moving average is $4.91 and its 200 day moving average is $5.44.

Wienerberger (OTCMKTS:WBRBY) last posted its earnings results on Wednesday, August 12th. The company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by ($0.09). The firm had revenue of $1.64 billion for the quarter, compared to analysts’ expectations of $1.62 billion.

Wall Street Analyst Weigh In

WBRBY has been the subject of a number of recent analyst reports. BNP Paribas Exane downgraded shares of Wienerberger to a “neutral” rating in a report on Friday, July 24th. Morgan Stanley lowered Wienerberger to an “underweight” rating in a research note on Wednesday, June 10th. Finally, Citigroup cut shares of Wienerberger from a “buy” rating to a “hold” rating in a research note on Tuesday, July 21st. Three equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Wienerberger presently has a consensus rating of “Reduce”.

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.