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

Heidelberg Materials AG (OTCMKTS:HDELY) was the target of a large drop in short interest during the month of December. As of December 15th, there was short interest totalling 1,000 shares, a drop of 97.2% from the November 30th total of 36,200 shares. Based on an average daily trading volume, of 420,100 shares, the days-to-cover ratio is presently 0.0 days.

Heidelberg Materials Price Performance

Shares of OTCMKTS HDELY traded up $0.20 during trading hours on Thursday, hitting $25.37. 32,673 shares of the company’s stock were exchanged, compared to its average volume of 63,016. The company’s 50-day moving average price is $24.30 and its 200-day moving average price is $22.07. Heidelberg Materials has a 1-year low of $17.10 and a 1-year high of $26.64.

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.