Short Interest in Boliden AB (publ) (OTCMKTS:BDNNY) Grows By 25.0%

Boliden AB (publ) (OTCMKTS:BDNNY) saw a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 1,000 shares, a growth of 25.0% from the February 13th total of 800 shares. Based on an average daily volume of 8,000 shares, the days-to-cover ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

Several analysts recently commented on BDNNY shares. UBS Group raised shares of Boliden AB (publ) from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 7th. 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 issued a hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold”.

Boliden AB (publ) Trading Up 1.4 %

Shares of Boliden AB (publ) stock opened at $73.57 on Wednesday. The company’s fifty day simple moving average is $66.95 and its 200-day simple moving average is $62.75. Boliden AB has a 1-year low of $52.95 and a 1-year high of $76.62.

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

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.