Wienerberger AG (OTCMKTS:WBRBY) Sees Large Drop in Short Interest

Wienerberger AG (OTCMKTS:WBRBY) was the recipient of a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 409 shares, a drop of 64.8% from the April 30th total of 1,162 shares. Based on an average daily volume of 24,173 shares, the short-interest ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

Separately, Citigroup restated a “buy” rating on shares of Wienerberger in a research report on Monday, May 18th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, Wienerberger presently has a consensus rating of “Moderate Buy”.

Wienerberger Price Performance

WBRBY opened at $5.66 on Monday. Wienerberger has a fifty-two week low of $4.78 and a fifty-two week high of $7.74. The company has a fifty day moving average of $5.46 and a 200 day moving average of $6.21.

Wienerberger (OTCMKTS:WBRBY) last issued its quarterly earnings data on Wednesday, May 13th. The company reported ($0.07) EPS for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.03). The business had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.24 billion.

About Wienerberger

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.