Holcim AG (OTCMKTS:HCMLY) Sees Large Increase in Short Interest

Holcim AG (OTCMKTS:HCMLY) was the target of a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 64,200 shares, an increase of 682.9% from the October 15th total of 8,200 shares. Based on an average daily trading volume, of 93,500 shares, the days-to-cover ratio is currently 0.7 days.

Holcim Stock Performance

Shares of HCMLY stock traded down $0.52 during mid-day trading on Wednesday, hitting $20.33. 66,615 shares of the stock traded hands, compared to its average volume of 52,165. The stock’s fifty day moving average is $19.50 and its two-hundred day moving average is $18.51. Holcim has a 52-week low of $13.38 and a 52-week high of $20.95.

Holcim Company Profile

Holcim AG, together with its subsidiaries, operates as a building materials and solutions company worldwide. It operates through North America; Latin America; Europe; Asia, Middle East & Africa; and Solutions & Products segments. The company offers cement, clinker, and other cementitious materials; ready-mix concrete; aggregates, such as crushed stone, gravel, and sand; and precast, concrete products, asphalts, mortars, roofing systems, insulation tile adhesives, facade solutions, and contracting and services.