Wienerberger AG (OTCMKTS:WBRBY) Short Interest Up 1,011.0% in June

Wienerberger AG (OTCMKTS:WBRBY) saw a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 10,866 shares, a growth of 1,011.0% from the June 15th total of 978 shares. Based on an average daily volume of 40,333 shares, the days-to-cover ratio is presently 0.3 days.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on WBRBY shares. Citigroup reiterated a “buy” rating on shares of Wienerberger in a research report on Monday, May 18th. Morgan Stanley cut Wienerberger to an “underweight” rating in a research report on Wednesday, June 10th. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold”.

Wienerberger Stock Performance

WBRBY stock traded up $0.01 during trading on Friday, hitting $5.06. The company had a trading volume of 5,706 shares, compared to its average volume of 14,297. The business has a 50 day moving average of $5.34 and a 200 day moving average of $5.94. Wienerberger has a fifty-two week low of $4.78 and a fifty-two week high of $7.74.

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

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.