Boliden AB (publ) (OTCMKTS:BDNNY) Short Interest Up 200.0% in November

Posted by Latisha Jones on Nov 29th, 2024

Boliden AB (publ) (OTCMKTS:BDNNY – Get Free Report) was the recipient of a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 10,800 shares, a growth of 200.0% from the October 31st total of 3,600 shares. Based on an average trading volume of 26,700 shares, the short-interest ratio is currently 0.4 days.

Boliden AB (publ) Price Performance

Boliden AB (publ) stock traded up $0.10 during midday trading on Friday, hitting $59.07. The company’s stock had a trading volume of 7,110 shares, compared to its average volume of 12,890. Boliden AB has a 12 month low of $49.82 and a 12 month high of $72.51. The stock’s 50-day moving average price is $62.50 and its 200-day moving average price is $62.87.

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

Wall Street Analyst Weigh In

BDNNY has been the subject of a number of analyst reports. Barclays lowered Boliden AB (publ) from a “strong-buy” rating to a “strong sell” rating in a research report on Wednesday, October 16th. Berenberg Bank raised shares of Boliden AB (publ) to a “hold” rating in a report on Monday, September 16th. BNP Paribas downgraded shares of Boliden AB (publ) from a “hold” rating to a “strong sell” rating in a research report on Friday, October 25th. UBS Group lowered shares of Boliden AB (publ) from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 23rd. Finally, Citigroup raised Boliden AB (publ) to a “hold” rating in a report on Wednesday, October 9th. Three research 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 presently has an average rating of “Reduce”.

View Our Latest Research Report on Boliden AB (publ)

Boliden AB (publ) Company Profile

(Get Free Report)

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.