Boliden AB (publ) (OTCMKTS:BDNNY) Sees Significant Decline in Short Interest

Boliden AB (publ) (OTCMKTS:BDNNY) saw a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 800 shares, a drop of 20.0% from the February 28th total of 1,000 shares. Based on an average daily volume of 10,800 shares, the short-interest ratio is presently 0.1 days.

Analysts Set New Price Targets

Several analysts recently weighed in on BDNNY shares. UBS Group raised Boliden AB (publ) from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 7th. Royal Bank of Canada downgraded Boliden AB (publ) from a “hold” rating to a “strong sell” rating in a report on Thursday, December 5th. Three research 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 stock has an average rating of “Hold”.

Boliden AB (publ) Stock Down 3.4 %

Shares of BDNNY opened at $65.38 on Tuesday. Boliden AB has a 12 month low of $54.44 and a 12 month high of $76.62. The firm’s 50 day moving average is $68.70 and its 200-day moving average is $63.56.

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

Boliden AB (publ) Company Profile

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.