Heidelberg Materials AG (OTCMKTS:HDELY) Sees Large Increase in Short Interest

Heidelberg Materials AG (OTCMKTS:HDELY) saw a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 72,800 shares, a growth of 925.4% from the October 31st total of 7,100 shares. Based on an average daily volume of 241,100 shares, the short-interest ratio is presently 0.3 days.

Heidelberg Materials Stock Performance

Shares of OTCMKTS HDELY traded down $0.28 during midday trading on Wednesday, reaching $24.76. 44,606 shares of the stock were exchanged, compared to its average volume of 104,014. The stock has a 50 day moving average price of $22.57 and a 200-day moving average price of $21.42. Heidelberg Materials has a 52-week low of $15.79 and a 52-week high of $25.77.

About Heidelberg Materials

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.