Short Interest in Boliden AB (publ) (OTCMKTS:BDNNY) Drops By 89.8%

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

Analyst Ratings Changes

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

Boliden AB (publ) Stock Up 0.5 %

Boliden AB (publ) stock traded up $0.33 during trading hours on Thursday, hitting $61.09. The company had a trading volume of 5,854 shares, compared to its average volume of 13,378. The firm has a 50-day moving average of $59.15 and a 200 day moving average of $60.36. Boliden AB has a one year low of $49.82 and a one year high of $72.51.

About Boliden AB (publ)

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.