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

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

Heidelberg Materials Trading Up 0.4 %

OTCMKTS HDELY opened at $24.87 on Thursday. Heidelberg Materials has a 12 month low of $15.89 and a 12 month high of $25.77. The company’s 50 day simple moving average is $22.57 and its 200 day simple moving average is $21.42.

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.