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

Boliden AB (publ) (OTCMKTS:BDNNY) was the recipient of a large decrease in short interest in November. As of November 30th, there was short interest totalling 3,100 shares, a decrease of 71.3% from the November 15th total of 10,800 shares. Based on an average trading volume of 31,100 shares, the short-interest ratio is currently 0.1 days.

Boliden AB (publ) Trading Down 1.5 %

BDNNY stock traded down $0.92 during midday trading on Wednesday, reaching $60.74. 10,653 shares of the company’s stock traded hands, compared to its average volume of 12,842. The company has a 50-day simple moving average of $61.88 and a two-hundred day simple moving average of $62.32. Boliden AB has a 1-year low of $49.82 and a 1-year high of $72.51.

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

Wall Street Analyst Weigh In

Several equities analysts have commented on BDNNY shares. UBS Group cut Boliden AB (publ) from a “hold” rating to a “strong sell” rating in a report on Wednesday, October 23rd. Royal Bank of Canada cut Boliden AB (publ) from a “hold” rating to a “strong sell” rating in a report on Thursday, December 5th. Barclays cut Boliden AB (publ) from a “strong-buy” rating to a “strong sell” rating in a report on Wednesday, October 16th. Citigroup raised Boliden AB (publ) to a “hold” rating in a report on Wednesday, October 9th. Finally, BNP Paribas cut Boliden AB (publ) from a “hold” rating to a “strong sell” rating in a report on Friday, October 25th. Four research analysts have rated the stock with a sell rating and two have issued a hold rating to the company. Based on data from MarketBeat, Boliden AB (publ) presently has an average rating of “Reduce”.

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.