Heidelberg Materials AG (OTCMKTS:HLBZF) Sees Large Increase in Short Interest

Heidelberg Materials AG (OTCMKTS:HLBZF – Get Free Report) was the target of a large increase in short interest in December. As of December 31st, there was short interest totalling 131,900 shares, an increase of 62.2% from the December 15th total of 81,300 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 1,319.0 days.

Heidelberg Materials Trading Up 0.1 %

Shares of Heidelberg Materials stock traded up $0.16 on Friday, hitting $131.03. 7,404 shares of the company traded hands, compared to its average volume of 1,561. Heidelberg Materials has a 52 week low of $87.50 and a 52 week high of $132.35. The business has a 50-day simple moving average of $122.52 and a 200 day simple moving average of $110.29.

About Heidelberg Materials

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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.

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