Heidelberg Materials (OTCMKTS:HDLMY – Get Free Report) saw a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 15,584 shares, a growth of 102.2% from the June 15th total of 7,707 shares. Based on an average trading volume of 132,555 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.
Analyst Upgrades and Downgrades
Separately, Zacks Research cut shares of Heidelberg Materials from a “hold” rating to a “strong sell” rating in a research report on Monday, July 6th. Two analysts have rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.
Read Our Latest Report on Heidelberg Materials
Heidelberg Materials Trading Up 3.7%
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.
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