Wienerberger AG (OTCMKTS:WBRBY) Sees Large Drop in Short Interest

Wienerberger AG (OTCMKTS:WBRBY) was the target of a large drop in short interest during the month of January. As of January 30th, there was short interest totaling 100 shares, a drop of 99.5% from the January 15th total of 21,083 shares. Based on an average daily trading volume, of 20,611 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily trading volume, of 20,611 shares, the days-to-cover ratio is presently 0.0 days.

Wienerberger Trading Up 1.8%

OTCMKTS:WBRBY opened at $7.26 on Wednesday. Wienerberger has a one year low of $5.45 and a one year high of $8.15. The company has a fifty day moving average price of $6.85 and a 200 day moving average price of $6.68.

Analysts Set New Price Targets

Separately, UBS Group started coverage on shares of Wienerberger in a report on Tuesday, October 14th. They set a “neutral” rating for the company. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Wienerberger has an average rating of “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.