Heidelberg Materials AG (OTCMKTS:HLBZF) Sees Significant Growth in Short Interest

by · The Cerbat Gem

Heidelberg Materials AG (OTCMKTS:HLBZF – Get Free Report) saw a significant increase in short interest in the month of September. As of September 30th, there was short interest totalling 79,000 shares, an increase of 109.0% from the September 15th total of 37,800 shares. Based on an average trading volume of 100 shares, the short-interest ratio is currently 790.0 days.

Heidelberg Materials Price Performance

HLBZF remained flat at $111.50 during trading on Friday. The stock’s 50 day moving average is $101.72 and its 200-day moving average is $103.70. Heidelberg Materials has a 1-year low of $69.44 and a 1-year high of $114.50.

About Heidelberg Materials

(Get Free Report)

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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