Short Interest in Boliden AB (publ) (OTCMKTS:BDNNY) Increases By 620.0%

Boliden AB (publ) (OTCMKTS:BDNNY) was the recipient of a large growth in short interest during the month of January. As of January 15th, there was short interest totalling 3,600 shares, a growth of 620.0% from the December 31st total of 500 shares. Based on an average daily volume of 37,300 shares, the days-to-cover ratio is currently 0.1 days.

Boliden AB (publ) Trading Down 1.7 %

Boliden AB (publ) stock traded down $1.05 during mid-day trading on Friday, reaching $60.04. 15,741 shares of the company traded hands, compared to its average volume of 13,537. The firm’s fifty day moving average is $59.27 and its two-hundred day moving average is $60.32. Boliden AB has a fifty-two week low of $49.82 and a fifty-two week high of $72.51.

Analyst Ratings Changes

A number of research firms have recently weighed in on BDNNY. Royal Bank of Canada cut shares of Boliden AB (publ) from a “hold” rating to a “strong sell” rating in a report on Thursday, December 5th. Citigroup raised shares of Boliden AB (publ) to a “hold” rating in a report on Wednesday, October 9th. BNP Paribas lowered Boliden AB (publ) from a “hold” rating to a “strong sell” rating in a report on Friday, October 25th. Barclays downgraded Boliden AB (publ) from a “strong-buy” rating to a “strong sell” rating in a research note on Wednesday, October 16th. Finally, UBS Group upgraded Boliden AB (publ) from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 7th. Three analysts have rated the stock with a sell rating and three have given a hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold”.

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.