Wienerberger AG (OTCMKTS:WBRBY) Stock Short Interest Climbs 1,530.0%

Wienerberger AG (OTCMKTS:WBRBY) was the recipient of a significant increase in short interest in October. As of October 30th, there was short interest totaling 11,720 shares, an increase of 1,530.0% from the October 15th total of 719 shares. Based on an average daily trading volume, of 33,117 shares, the short-interest ratio is currently 0.4 days.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on WBRBY. Citigroup lowered shares of Wienerberger from a “buy” rating to a “hold” rating in a research note on Tuesday, July 21st. Jefferies Financial Group began coverage on Wienerberger in a research report on Tuesday, October 13th. They issued a “hold” rating for the company. Finally, BNP Paribas Exane cut Wienerberger to a “neutral” rating in a report on Friday, July 24th. Three research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Wienerberger has an average rating of “Reduce”.

Wienerberger Stock Performance

Shares of Wienerberger stock traded down $0.07 during trading hours on Wednesday, hitting $3.88. The company’s stock had a trading volume of 4,474 shares, compared to its average volume of 15,914. Wienerberger has a twelve month low of $3.32 and a twelve month high of $7.33. The firm has a fifty day moving average of $3.85 and a 200-day moving average of $5.09.

Wienerberger (OTCMKTS:WBRBY) last announced its earnings results on Wednesday, August 12th. The company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.16 by ($0.09). The business had revenue of $1.64 billion for the quarter, compared to the consensus estimate of $1.62 billion.

Wienerberger Company Profile

Wienerberger AG is an Austrian building materials company headquartered in Vienna. Founded in 1819, the company has developed into an international supplier of products and systems used in residential, commercial and infrastructure construction. Its portfolio includes clay bricks and blocks, roof tiles, concrete and clay pavers, and related building solutions. Through businesses such as Pipelife, Steinzeug-Keramo and Semmelrock, Wienerberger also provides plastic and ceramic pipe systems, wastewater and drainage solutions, and paving products for water management and outdoor construction.