Boliden AB (publ) (OTCMKTS:BDNNY) Short Interest Up 58.1% in December

Boliden AB (publ) (OTCMKTS:BDNNY) was the recipient of a large growth in short interest in 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 volume of 23,600 shares, the short-interest ratio is currently 0.2 days.

Wall Street Analyst Weigh In

A number of research firms have commented on BDNNY. BNP Paribas downgraded Boliden AB (publ) from a “hold” rating to a “strong sell” rating in a research report on Friday, October 25th. 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. Citigroup raised shares of 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, 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. Four equities research analysts have rated the stock with a sell rating and two have assigned a hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Reduce”.

Boliden AB (publ) Trading Up 1.0 %

Boliden AB (publ) stock traded up $0.55 during midday trading on Friday, reaching $56.73. 14,908 shares of the company were exchanged, compared to its average volume of 13,172. The firm’s 50-day simple moving average is $59.99 and its 200-day simple moving average is $61.41. Boliden AB has a 1 year low of $49.82 and a 1 year high of $72.51.

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 firm 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.