Wienerberger AG (OTCMKTS:WBRBY) Short Interest Down 73.9% in July

Wienerberger AG (OTCMKTS:WBRBY) was the recipient of a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 2,841 shares, a drop of 73.9% from the June 30th total of 10,866 shares. Based on an average daily volume of 20,601 shares, the short-interest ratio is presently 0.1 days.

Analyst Ratings Changes

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

Wienerberger Trading Down 3.9%

OTCMKTS WBRBY opened at $4.54 on Friday. The stock has a fifty day simple moving average of $5.20 and a 200-day simple moving average of $5.78. Wienerberger has a twelve month low of $4.46 and a twelve month high of $7.74.

Wienerberger (OTCMKTS:WBRBY) last issued its quarterly earnings data on Wednesday, May 13th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by ($0.03). The company had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $1.24 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.