Short Interest in Boliden AB (publ) (OTCMKTS:BDNNY) Declines By 33.3%

Boliden AB (publ) (OTCMKTS:BDNNY) was the recipient of a large decrease in short interest in the month of July. As of July 15th, there was short interest totalling 600 shares, a decrease of 33.3% from the June 30th total of 900 shares. Based on an average daily trading volume, of 8,000 shares, the short-interest ratio is currently 0.1 days.

Analyst Upgrades and Downgrades

Several equities analysts have commented on BDNNY shares. BMO Capital Markets raised shares of Boliden AB (publ) to a “hold” rating in a research report on Friday, April 25th. Berenberg Bank upgraded Boliden AB (publ) from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 21st. Royal Bank Of Canada raised Boliden AB (publ) from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 22nd. Finally, Pareto Securities upgraded Boliden AB (publ) from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 8th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

Boliden AB (publ) Stock Performance

Shares of BDNNY opened at $63.44 on Thursday. The firm’s fifty day simple moving average is $63.29 and its 200-day simple moving average is $64.38. Boliden AB has a twelve month low of $53.00 and a twelve month high of $76.62.

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.