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

Heidelberg Materials AG (OTCMKTS:HDELY) was the recipient of a significant decline in short interest in the month of November. As of November 30th, there was short interest totalling 36,200 shares, a decline of 50.3% from the November 15th total of 72,800 shares. Based on an average daily trading volume, of 132,700 shares, the short-interest ratio is presently 0.3 days.

Heidelberg Materials Price Performance

Shares of OTCMKTS HDELY traded down $0.38 during midday trading on Thursday, hitting $26.17. 202,610 shares of the company traded hands, compared to its average volume of 62,799. Heidelberg Materials has a 12-month low of $17.10 and a 12-month high of $26.64. The stock has a 50-day moving average price of $23.50 and a 200 day moving average price of $21.76.

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.