Wienerberger AG (OTCMKTS:WBRBY) Short Interest Up 215.0% in August

Wienerberger AG (OTCMKTS:WBRBY) was the recipient of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 315 shares, an increase of 215.0% from the July 30th total of 100 shares. Based on an average trading volume of 12,223 shares, the days-to-cover ratio is currently 0.0 days.

Wienerberger Stock Down 0.2%

Shares of WBRBY opened at $4.47 on Thursday. Wienerberger has a twelve month low of $4.33 and a twelve month high of $7.33. The firm’s 50 day moving average price is $4.91 and its two-hundred day moving average price is $5.44.

Wienerberger (OTCMKTS:WBRBY) last released its earnings results on Wednesday, August 12th. The company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.16 by ($0.09). The business had revenue of $1.64 billion during the quarter, compared to analysts’ expectations of $1.62 billion.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on WBRBY. Citigroup downgraded shares of Wienerberger from a “buy” rating to a “hold” rating in a research note on Tuesday, July 21st. Morgan Stanley lowered shares of Wienerberger to an “underweight” rating in a report on Wednesday, June 10th. Finally, BNP Paribas Exane cut shares of Wienerberger to a “neutral” rating in a research report on Friday, July 24th. Three equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Reduce”.

About Wienerberger

Wienerberger AG is a leading international supplier of building materials and infrastructure solutions, headquartered in Vienna, Austria. The company specializes in clay blocks and facing bricks, as well as concrete and plastic pipe systems for water management and energy distribution. Wienerberger’s products are designed to meet a wide range of architectural and engineering requirements, combining durability with energy efficiency and aesthetic appeal.

In its brick division, Wienerberger offers a variety of clay brick formats under well-known brands, catering to both residential and commercial construction.