Short Interest in Heidelberg Materials (OTCMKTS:HDLMY) Decreases By 44.0%

Heidelberg Materials (OTCMKTS:HDLMY) was the target of a large decline in short interest in July. As of July 31st, there was short interest totaling 5,435 shares, a decline of 44.0% from the July 15th total of 9,706 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 158,891 shares, the short-interest ratio is currently 0.0 days.

Heidelberg Materials Trading Down 0.8%

Shares of HDLMY traded down $0.29 during mid-day trading on Monday, hitting $37.12. The company’s stock had a trading volume of 45,041 shares, compared to its average volume of 130,164. 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 company’s 50-day moving average is $39.36 and its 200-day moving average is $42.45. Heidelberg Materials has a 52-week low of $36.15 and a 52-week high of $57.79.

Analyst Upgrades and Downgrades

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

Heidelberg Materials Company Profile

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.