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

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

Wall Street Analysts Forecast Growth

BDNNY has been the topic of several research reports. Royal Bank of Canada cut Boliden AB (publ) from a “hold” rating to a “strong sell” rating in a research report on Thursday, December 5th. Barclays downgraded shares of Boliden AB (publ) from a “strong-buy” rating to a “strong sell” rating in a report on Wednesday, October 16th. Citigroup raised shares of Boliden AB (publ) to a “hold” rating in a research note on Wednesday, October 9th. BNP Paribas downgraded 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 upgraded Boliden AB (publ) from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 7th. Three equities research analysts have rated the stock with a sell rating and three have assigned a hold rating to the stock. Based on data from MarketBeat.com, Boliden AB (publ) presently has an average rating of “Hold”.

Boliden AB (publ) Trading Up 0.5 %

Shares of Boliden AB (publ) stock traded up $0.33 on Thursday, reaching $61.09. 5,854 shares of the stock were exchanged, compared to its average volume of 13,378. The business has a 50 day moving average price of $59.15 and a two-hundred day moving average price of $60.36. Boliden AB has a twelve month low of $49.82 and a twelve month high of $72.51.

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.