Heidelberg Materials (OTCMKTS:HDLMY) Short Interest Update

Heidelberg Materials (OTCMKTS:HDLMY) saw a significant drop in short interest during the month of April. As of April 30th, there was short interest totaling 19,452 shares, a drop of 57.5% from the April 15th total of 45,762 shares. Based on an average daily trading volume, of 125,649 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the company’s stock are short sold.

Heidelberg Materials Stock Performance

Shares of OTCMKTS:HDLMY opened at $39.21 on Friday. Heidelberg Materials has a 52-week low of $36.59 and a 52-week high of $57.79. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.24 and a quick ratio of 0.84. The business has a 50-day moving average price of $42.12.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on HDLMY. Zacks Research cut Heidelberg Materials from a “hold” rating to a “strong sell” rating in a research note on Friday, April 24th. Citigroup upgraded Heidelberg Materials from a “hold” rating to a “strong-buy” rating in a research note on Thursday, March 5th. Two analysts have rated the stock with a Strong Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Heidelberg Materials currently has an average rating of “Moderate Buy”.

Heidelberg Materials Company Profile

Heidelberg Materials (OTCMKTS: HDLMY) is a Germany‐based multinational building materials company with a core focus on cement production, aggregates, ready‐mixed concrete, asphalt, and other construction solutions. As one of the world’s leading cement producers, the company supplies essential raw and processed materials used in infrastructure, commercial, and residential construction projects. Its product portfolio also encompasses specialty cement, mineral additives, and tailored concrete technologies designed to meet diverse engineering and environmental requirements.

Operating in more than 50 countries across Europe, North America, Asia-Pacific, Latin America, the Middle East, and Africa, Heidelberg Materials maintains an extensive network of production facilities and distribution channels.