Boliden AB (publ) (OTCMKTS:BDNNY) Short Interest Up 620.0% in January

Boliden AB (publ) (OTCMKTS:BDNNY) saw a significant increase in short interest during the month of January. As of January 15th, there was short interest totalling 3,600 shares, an increase of 620.0% from the December 31st total of 500 shares. Based on an average daily volume of 37,300 shares, the days-to-cover ratio is presently 0.1 days.

Analysts Set New Price Targets

Several brokerages have weighed in on BDNNY. BNP Paribas downgraded Boliden AB (publ) from a “hold” rating to a “strong sell” rating in a report on Friday, October 25th. UBS Group upgraded Boliden AB (publ) from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 7th. Citigroup raised Boliden AB (publ) to a “hold” rating in a research note on Wednesday, October 9th. 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. Finally, Barclays cut shares of Boliden AB (publ) from a “strong-buy” rating to a “strong sell” rating in a research report on Wednesday, October 16th. Three equities research analysts have rated the stock with a sell rating and three have given a hold rating to the stock. According to data from MarketBeat.com, Boliden AB (publ) presently has a consensus rating of “Hold”.

Boliden AB (publ) Stock Performance

BDNNY stock traded up $0.33 on Thursday, reaching $61.09. The company’s stock had a trading volume of 5,854 shares, compared to its average volume of 13,378. Boliden AB has a 52 week low of $49.82 and a 52 week high of $72.51. The firm has a fifty day moving average of $59.15 and a two-hundred day moving average of $60.36.

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.