Heidelberg Materials (OTCMKTS:HDLMY) Short Interest Update

Heidelberg Materials (OTCMKTS:HDLMY) saw a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 9,706 shares, a decrease of 37.7% from the June 30th total of 15,584 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 181,896 shares, the days-to-cover ratio is currently 0.1 days.

Heidelberg Materials Stock Down 0.2%

HDLMY stock opened at $38.48 on Thursday. Heidelberg Materials has a one year low of $36.59 and a one year high of $57.79. 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 firm has a 50-day simple moving average of $40.46 and a two-hundred day simple moving average of $43.90.

Analyst Upgrades and Downgrades

Separately, Zacks Research downgraded shares of Heidelberg Materials from a “hold” rating to a “strong sell” rating in a research note on Monday, July 6th. Two analysts have rated the stock with a Strong Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

About Heidelberg Materials

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.