Heidelberg Materials (OTCMKTS:HDLMY) Short Interest Update

Heidelberg Materials (OTCMKTS:HDLMY) saw a large increase in short interest in May. As of May 29th, there was short interest totaling 7,425 shares, an increase of 549.0% from the May 14th total of 1,144 shares. Based on an average daily trading volume, of 251,585 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on HDLMY shares. Citigroup raised shares of Heidelberg Materials from a “hold” rating to a “strong-buy” rating in a report on Thursday, March 5th. Zacks Research raised shares of Heidelberg Materials from a “strong sell” rating to a “hold” rating in a report on Monday, May 25th. Two research analysts have rated the stock with a Strong Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, Heidelberg Materials currently has an average rating of “Buy”.

Heidelberg Materials Trading Up 3.4%

Shares of HDLMY traded up $1.35 during mid-day trading on Thursday, hitting $40.85. 82,463 shares of the stock were exchanged, compared to its average volume of 147,362. Heidelberg Materials has a 52-week low of $36.59 and a 52-week high of $57.79. The firm has a 50-day moving average of $42.58 and a two-hundred day moving average of $46.77. The company has a quick ratio of 0.84, a current ratio of 1.24 and a debt-to-equity ratio of 0.30.

About Heidelberg Materials

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.