Wienerberger AG (OTCMKTS:WBRBY) Sees Significant Decrease in Short Interest

Wienerberger AG (OTCMKTS:WBRBY) saw a significant decrease in short interest during the month of May. As of May 15th, there was short interest totaling 409 shares, a decrease of 64.8% from the April 30th total of 1,162 shares. Based on an average trading volume of 24,173 shares, the days-to-cover ratio is currently 0.0 days.

Wienerberger Stock Performance

Shares of OTCMKTS:WBRBY opened at $5.66 on Friday. The business has a 50-day moving average of $5.46 and a two-hundred day moving average of $6.20. Wienerberger has a 12 month low of $4.78 and a 12 month high of $7.74.

Wienerberger (OTCMKTS:WBRBY) last announced its quarterly earnings results on Wednesday, May 13th. The company reported ($0.07) EPS for the quarter, missing the consensus estimate of ($0.04) by ($0.03). The business had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.24 billion.

Analysts Set New Price Targets

Separately, Citigroup restated a “buy” rating on shares of Wienerberger in a research note on Monday, May 18th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

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.