Short Interest in Heidelberg Materials AG (OTCMKTS:HDELY) Grows By 202.4%

Heidelberg Materials AG (OTCMKTS:HDELY) was the recipient of a significant increase in short interest in March. As of March 15th, there was short interest totalling 50,500 shares, an increase of 202.4% from the February 29th total of 16,700 shares. Based on an average trading volume of 78,100 shares, the days-to-cover ratio is currently 0.6 days.

Heidelberg Materials Stock Performance

HDELY traded up $0.02 during trading on Thursday, reaching $21.91. 82,196 shares of the company’s stock were exchanged, compared to its average volume of 42,572. The business has a 50 day moving average price of $19.10 and a 200 day moving average price of $17.13. Heidelberg Materials has a fifty-two week low of $13.83 and a fifty-two week high of $21.97. The company has a quick ratio of 0.78, a current ratio of 1.18 and a debt-to-equity ratio of 0.30.

Heidelberg Materials Company Profile

Heidelberg Materials AG, together with its subsidiaries, produces and distributes cement, aggregates, ready-mixed concrete, and asphalt worldwide. It provides cement products; natural stone aggregates, including sand and gravel; crushed aggregates comprising stone chippings and crushed stones; and ready-mixed concrete for use in the construction of tunnels or bridges, office buildings, or schools, as well as to produce precast concrete parts, such as stairs, ceiling elements, or structural components.