Wienerberger AG (OTCMKTS:WBRBY) Sees Significant Growth in Short Interest

Wienerberger AG (OTCMKTS:WBRBY) saw a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 10,866 shares, a growth of 1,011.0% from the June 15th total of 978 shares. Based on an average daily volume of 40,333 shares, the short-interest ratio is currently 0.3 days.

Analyst Upgrades and Downgrades

WBRBY has been the subject of a number of research reports. Citigroup restated a “buy” rating on shares of Wienerberger in a research note on Monday, May 18th. Morgan Stanley lowered shares of Wienerberger to an “underweight” rating in a report on Wednesday, June 10th. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold”.

Wienerberger Stock Up 0.2%

OTCMKTS:WBRBY traded up $0.01 during trading hours on Friday, hitting $5.06. 5,706 shares of the stock were exchanged, compared to its average volume of 14,297. The company’s 50 day moving average is $5.33 and its two-hundred day moving average is $5.93. Wienerberger has a twelve month low of $4.78 and a twelve month high of $7.74.

Wienerberger (OTCMKTS:WBRBY) last released its earnings results on Wednesday, May 13th. The company reported ($0.07) EPS for the quarter, missing the consensus estimate of ($0.04) by ($0.03). The firm had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.24 billion.

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.