Heidelberg Materials AG (OTCMKTS:HDELY) Short Interest Update

Heidelberg Materials AG (OTCMKTS:HDELY) was the target of a significant drop in short interest in the month of April. As of April 15th, there was short interest totalling 500 shares, a drop of 99.3% from the March 31st total of 73,000 shares. Based on an average daily volume of 211,400 shares, the days-to-cover ratio is presently 0.0 days.

Heidelberg Materials Trading Up 1.9 %

Shares of OTCMKTS HDELY traded up $0.37 during trading on Friday, hitting $20.34. The company had a trading volume of 25,970 shares, compared to its average volume of 93,196. The stock has a fifty day simple moving average of $20.17 and a two-hundred day simple moving average of $17.91. The company has a quick ratio of 0.83, a current ratio of 1.20 and a debt-to-equity ratio of 0.30. Heidelberg Materials has a fifty-two week low of $13.83 and a fifty-two week high of $22.65.

Heidelberg Materials Increases Dividend

The firm also recently declared a dividend, which will be paid on Thursday, June 6th. Stockholders of record on Monday, May 20th will be paid a $0.4204 dividend. This is an increase from Heidelberg Materials’s previous dividend of $0.37. The ex-dividend date of this dividend is Friday, May 17th.

Heidelberg Materials Company Profile

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.