Wienerberger AG (OTCMKTS:WBRBY) Shares Shorted: Short Interest Down 82.1% in October

Wienerberger AG (OTCMKTS:WBRBY) was the recipient of a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 719 shares, a decline of 82.1% from the September 30th total of 4,014 shares. Based on an average daily volume of 27,204 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analysts Forecast Growth

Several research firms have commented on WBRBY. BNP Paribas Exane cut shares of Wienerberger to a “neutral” rating in a research report on Friday, July 24th. Citigroup lowered shares of Wienerberger from a “buy” rating to a “hold” rating in a research note on Tuesday, July 21st. Finally, Jefferies Financial Group initiated coverage on Wienerberger in a report on Tuesday, October 13th. They set a “hold” rating on the stock. Three equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Wienerberger has a consensus rating of “Reduce”.

Wienerberger Trading Up 1.7%

Shares of Wienerberger stock opened at $3.65 on Wednesday. The company’s 50-day moving average price is $3.99 and its two-hundred day moving average price is $5.23. Wienerberger has a 52 week low of $3.32 and a 52 week high of $7.33.

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

Wienerberger Company Profile

Wienerberger AG is an Austrian building materials company that develops and manufactures products for residential, commercial and infrastructure construction. The company’s portfolio includes clay bricks and blocks, roof tiles, pavers and other masonry products, as well as systems for water management, sewerage and energy infrastructure.

Founded in 1819 and headquartered in Vienna, Wienerberger has expanded from its traditional brick-making business into a broader provider of building and infrastructure solutions.