HeidelbergCement AG (OTCMKTS:HLBZF) Sees Large Increase in Short Interest

HeidelbergCement AG (OTCMKTS:HLBZF) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totalling 266,100 shares, an increase of 52.9% from the August 15th total of 174,000 shares. Based on an average daily volume of 4,100 shares, the days-to-cover ratio is presently 64.9 days.

Shares of HeidelbergCement stock remained flat at $$64.05 during trading hours on Wednesday. HeidelbergCement has a fifty-two week low of $32.70 and a fifty-two week high of $76.16. The company has a fifty day moving average price of $61.02 and a two-hundred day moving average price of $52.32.

About HeidelbergCement

HeidelbergCement AG produces and distributes cement, aggregates, ready-mixed concrete, and asphalt worldwide. The company offers cement products, including special cements with targeted characteristics, special geotechnical building materials, and a range of binders. It also provides natural stone aggregates, comprising sand and gravel; crushed aggregates, such as stone chippings and crushed stones; and concrete/ready-mixed concrete for the production of precast concrete parts consisting of stairs, ceiling elements, or structural components, as well as for use in the construction of tunnels or bridges, office buildings, or schools.

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