Wienerberger AG (OTCMKTS:WBRBY) Short Interest Up 302.5% in August

Wienerberger AG (OTCMKTS:WBRBY) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 1,268 shares, a growth of 302.5% from the August 15th total of 315 shares. Based on an average daily trading volume, of 19,651 shares, the short-interest ratio is presently 0.1 days.

Wienerberger Stock Performance

Wienerberger stock opened at $4.29 on Friday. The business has a fifty day moving average of $4.72 and a two-hundred day moving average of $5.23. Wienerberger has a twelve month low of $4.15 and a twelve month high of $7.33.

Wienerberger (OTCMKTS:WBRBY) last announced its quarterly earnings results on Wednesday, August 12th. The company reported $0.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.09). The firm had revenue of $1.64 billion during the quarter, compared to analyst estimates of $1.62 billion.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Morgan Stanley cut shares of Wienerberger to an “underweight” rating in a research report on Wednesday, June 10th. BNP Paribas Exane lowered shares of Wienerberger to a “neutral” rating in a research report on Friday, July 24th. Finally, Citigroup downgraded shares of Wienerberger from a “buy” rating to a “hold” rating in a research note on Tuesday, July 21st. Three equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Reduce”.

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.