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

Boliden AB (publ) (OTCMKTS:BDNNY) was the target of a significant drop in short interest in the month of December. As of December 31st, there was short interest totalling 500 shares, a drop of 89.8% from the December 15th total of 4,900 shares. Based on an average daily volume of 44,000 shares, the short-interest ratio is currently 0.0 days.

Analyst Ratings Changes

BDNNY has been the subject of several research analyst reports. UBS Group raised shares of Boliden AB (publ) from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 7th. BNP Paribas lowered shares of Boliden AB (publ) from a “hold” rating to a “strong sell” rating in a research note on Friday, October 25th. Citigroup upgraded Boliden AB (publ) to a “hold” rating in a research note on Wednesday, October 9th. Berenberg Bank raised shares of Boliden AB (publ) to a “hold” rating in a report on Monday, September 16th. Finally, Barclays lowered shares of Boliden AB (publ) from a “strong-buy” rating to a “strong sell” rating in a research report on Wednesday, October 16th. Three research analysts have rated the stock with a sell rating and three have given a hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Boliden AB (publ) Price Performance

Shares of BDNNY traded up $0.82 during midday trading on Monday, reaching $58.45. The stock had a trading volume of 13,632 shares, compared to its average volume of 19,190. Boliden AB has a 12-month low of $49.82 and a 12-month high of $72.51. The company’s 50-day moving average is $58.74 and its 200 day moving average is $60.72.

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