Short Interest in Boliden AB (publ) (OTCMKTS:BDNNY) Increases By 58.1%

Boliden AB (publ) (OTCMKTS:BDNNY) saw a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 4,900 shares, an increase of 58.1% from the November 30th total of 3,100 shares. Based on an average trading volume of 23,600 shares, the short-interest ratio is presently 0.2 days.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Citigroup raised Boliden AB (publ) to a “hold” rating in a report on Wednesday, October 9th. Berenberg Bank raised Boliden AB (publ) to a “hold” rating in a research note on Monday, September 16th. UBS Group downgraded shares of Boliden AB (publ) from a “hold” rating to a “strong sell” rating in a report on Wednesday, October 23rd. Royal Bank of Canada cut shares of Boliden AB (publ) from a “hold” rating to a “strong sell” rating in a research note on Thursday, December 5th. Finally, BNP Paribas lowered shares of Boliden AB (publ) from a “hold” rating to a “strong sell” rating in a research note on Friday, October 25th. Four equities research analysts have rated the stock with a sell rating and two have assigned a hold rating to the company’s stock. According to MarketBeat.com, Boliden AB (publ) currently has a consensus rating of “Reduce”.

Boliden AB (publ) Trading Up 1.0 %

Shares of OTCMKTS BDNNY traded up $0.55 during mid-day trading on Friday, hitting $56.73. 14,908 shares of the company traded hands, compared to its average volume of 13,172. The business has a 50 day moving average of $59.99 and a two-hundred day moving average of $61.37. 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 earnings results on Tuesday, October 22nd. The company reported $1.60 EPS for the quarter. The firm had revenue of $2.13 billion during 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.