Wienerberger AG (OTCMKTS:WBRBY – Get Free Report) was the target of a significant drop in short interest during the month of March. As of March 31st, there was short interest totalling 3,300 shares, a drop of 94.5% from the March 15th total of 59,500 shares. Based on an average trading volume of 11,800 shares, the short-interest ratio is currently 0.3 days.
Wienerberger Trading Down 2.1 %
WBRBY opened at $6.61 on Wednesday. Wienerberger has a 12-month low of $4.92 and a 12-month high of $8.15. The stock has a fifty day simple moving average of $6.85 and a two-hundred day simple moving average of $6.10.
Wall Street Analysts Forecast Growth
Separately, UBS Group lowered Wienerberger from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 21st.
About Wienerberger
Wienerberger AG produces and sells clay blocks, facing bricks, roof tiles, and pavers in Europe. It operates through Wienerberger Building Solutions, Wienerberger Piping Solutions, and North America segments. The company offers wall, façade, and roof system for single, two, and multi-family homes, and non-residential construction; paving and water management for gardens, pavements, and parking areas; and electrical cooling and heating installation, drinking water and wastewater, garden irrigation, irrigation systems and water storage.
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