Boliden AB (publ) (OTCMKTS:BDNNY) Short Interest Update

Boliden AB (publ) (OTCMKTS:BDNNY) was the recipient of a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 4,900 shares, a growth of 58.1% from the November 30th total of 3,100 shares. Based on an average daily trading volume, of 23,600 shares, the short-interest ratio is currently 0.2 days.

Boliden AB (publ) Stock Performance

Boliden AB (publ) stock traded up $0.55 during mid-day trading on Friday, reaching $56.73. The company’s stock had a trading volume of 14,908 shares, compared to its average volume of 13,172. Boliden AB has a twelve month low of $49.82 and a twelve month high of $72.51. The business has a 50 day moving average price of $59.99 and a 200-day moving average price of $61.37.

Boliden AB (publ) (OTCMKTS:BDNNY) last announced its quarterly earnings data on Tuesday, October 22nd. The company reported $1.60 earnings per share for the quarter. The business had revenue of $2.13 billion for the quarter.

Analyst Ratings Changes

Several research analysts recently commented on the company. UBS Group cut Boliden AB (publ) from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 23rd. Royal Bank of Canada lowered Boliden AB (publ) from a “hold” rating to a “strong sell” rating in a research report on Thursday, December 5th. Barclays downgraded shares of Boliden AB (publ) from a “strong-buy” rating to a “strong sell” rating in a research report on Wednesday, October 16th. BNP Paribas cut shares of Boliden AB (publ) from a “hold” rating to a “strong sell” rating in a report on Friday, October 25th. Finally, Berenberg Bank raised shares of Boliden AB (publ) to a “hold” rating in a report on Monday, September 16th. Four investment analysts have rated the stock with a sell rating and two have issued a hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Reduce”.

About Boliden AB (publ)

Boliden AB (publ) engages in the extracting, producing, and recycling of base metals in Sweden, Finland, other Nordic region, Germany, the United Kingdom, Europe, North America, and internationally. The company operates through two segments, Business Area Mines and Business Area Smelters. It explores for copper, zinc, nickel, lead, gold, silver, cobalt, sulphuric acid, tellurium, platinum, and palladium deposits.