Boliden AB (publ) (OTCMKTS:BDNNY) Sees Large Increase in Short Interest

Boliden AB (publ) (OTCMKTS:BDNNY) saw a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 1,000 shares, an increase of 25.0% from the February 13th total of 800 shares. Based on an average daily trading volume, of 8,000 shares, the days-to-cover ratio is presently 0.1 days.

Boliden AB (publ) Price Performance

Shares of OTCMKTS:BDNNY opened at $72.57 on Tuesday. The business’s 50 day moving average is $66.64 and its 200-day moving average is $62.67. Boliden AB has a 1-year low of $52.95 and a 1-year high of $76.62.

Boliden AB (publ) (OTCMKTS:BDNNY) last announced its quarterly earnings results on Thursday, February 6th. The company reported $2.03 earnings per share (EPS) for the quarter.

Wall Street Analyst Weigh In

BDNNY has been the topic of a number of research reports. UBS Group raised shares of Boliden AB (publ) from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 7th. Royal Bank of Canada lowered shares of Boliden AB (publ) from a “hold” rating to a “strong sell” rating in a research report on Thursday, December 5th. Three analysts have rated the stock with a sell rating and three have given a hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold”.

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.