Wienerberger AG (OTCMKTS:WBRBY) Short Interest Up 302.5% in August

Wienerberger AG (OTCMKTS:WBRBY) was the recipient of a large increase in short interest in August. As of August 31st, there was short interest totaling 1,268 shares, an increase of 302.5% from the August 15th total of 315 shares. Based on an average trading volume of 19,651 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Ratings Changes

WBRBY has been the subject of several recent analyst reports. Morgan Stanley downgraded shares of Wienerberger to an “underweight” rating in a research note on Wednesday, June 10th. BNP Paribas Exane downgraded Wienerberger to a “neutral” rating in a research report on Friday, July 24th. Finally, Citigroup lowered Wienerberger from a “buy” rating to a “hold” rating in a report on Tuesday, July 21st. Three analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Wienerberger has an average rating of “Reduce”.

Wienerberger Stock Performance

Shares of Wienerberger stock opened at $4.29 on Friday. Wienerberger has a 12-month low of $4.15 and a 12-month high of $7.33. The firm’s 50 day simple moving average is $4.72 and its two-hundred day simple moving average is $5.23.

Wienerberger (OTCMKTS:WBRBY) last posted its quarterly earnings data on Wednesday, August 12th. The company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.16 by ($0.09). The firm had revenue of $1.64 billion for the quarter, compared to analyst estimates of $1.62 billion.

Wienerberger Company Profile

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.