Short Interest in Boliden AB (publ) (OTCMKTS:BDNNY) Rises By 36.1%

Boliden AB (publ) (OTCMKTS:BDNNY) was the recipient of a large growth in short interest in the month of January. As of January 31st, there was short interest totalling 4,900 shares, a growth of 36.1% from the January 15th total of 3,600 shares. Based on an average daily volume of 17,700 shares, the days-to-cover ratio is currently 0.3 days.

Boliden AB (publ) Stock Up 0.5 %

OTCMKTS:BDNNY opened at $72.31 on Friday. The stock’s 50-day simple moving average is $60.70 and its 200 day simple moving average is $60.78. Boliden AB has a 52-week low of $49.82 and a 52-week high of $72.70.

Boliden AB (publ) (OTCMKTS:BDNNY) last posted its quarterly earnings results on Thursday, February 6th. The company reported $2.03 earnings per share for the quarter.

Wall Street Analyst Weigh In

BDNNY has been the topic of a number of research reports. UBS Group upgraded Boliden AB (publ) from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 7th. BNP Paribas downgraded Boliden AB (publ) from a “hold” rating to a “strong sell” rating in a research report on Friday, October 25th. Finally, Royal Bank of Canada downgraded shares of Boliden AB (publ) from a “hold” rating to a “strong sell” rating in a report on Thursday, December 5th. Three equities research analysts have rated the stock with a sell rating and three have assigned a hold rating to the company. According to data from MarketBeat.com, Boliden AB (publ) presently has a consensus rating of “Hold”.

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.