Short Interest in Heidelberg Materials (OTCMKTS:HDLMY) Declines By 57.5%

Heidelberg Materials (OTCMKTS:HDLMY – Get Free Report) was the recipient of a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 19,452 shares, a drop of 57.5% from the April 15th total of 45,762 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 125,649 shares, the days-to-cover ratio is currently 0.2 days.

Analyst Ratings Changes

HDLMY has been the subject of several research analyst reports. Zacks Research lowered shares of Heidelberg Materials from a “hold” rating to a “strong sell” rating in a research report on Friday, April 24th. Citigroup raised shares of Heidelberg Materials from a “hold” rating to a “strong-buy” rating in a research report on Thursday, March 5th. Two research analysts have rated the stock with a Strong Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy”.

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Heidelberg Materials Price Performance

Shares of OTCMKTS:HDLMY traded down $3.42 during trading on Friday, hitting $39.28. 265,002 shares of the stock traded hands, compared to its average volume of 154,425. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.24 and a quick ratio of 0.84. The business’s fifty day simple moving average is $42.19. Heidelberg Materials has a 52-week low of $36.59 and a 52-week high of $57.79.

About Heidelberg Materials

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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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