Posted by admin on Jun 17th, 2022
HeidelbergCement AG (OTCMKTS:HLBZF – Get Rating) was the recipient of a significant drop in short interest during the month of May. As of May 31st, there was short interest totalling 616,500 shares, a drop of 19.4% from the May 15th total of 764,600 shares. Based on an average daily trading volume, of 1,600 shares, the days-to-cover ratio is presently 385.3 days.
Shares of OTCMKTS:HLBZF traded down $1.45 on Friday, reaching $51.97. 3,511 shares of the company traded hands, compared to its average volume of 902. The business’s 50-day simple moving average is $56.11 and its 200 day simple moving average is $63.27. HeidelbergCement has a 52 week low of $51.97 and a 52 week high of $91.20.
HeidelbergCement AG, together with its subsidiaries, produces and distributes cement, aggregates, ready-mixed concrete, and asphalt worldwide. It provides cement products, natural stone aggregates, such as sand and gravel; crushed aggregates comprising stone chippings and crushed stones; and concrete/ready-mixed concrete for use in the construction of tunnels or bridges, office buildings, or schools, as well as to produce precast concrete parts consisting of stairs, ceiling elements, or structural components.
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