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

Heidelberg Materials AG (OTCMKTS:HDELY) saw a significant growth in short interest in 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 trading volume, of 241,100 shares, the days-to-cover ratio is presently 0.3 days.

Heidelberg Materials Trading Up 0.4 %

HDELY traded up $0.11 during trading on Friday, reaching $24.87. 28,128 shares of the company’s stock were exchanged, compared to its average volume of 105,543. The firm has a fifty day moving average price of $22.69 and a two-hundred day moving average price of $21.47. Heidelberg Materials has a one year low of $15.89 and a one year high of $25.77.

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.