Short Interest in Boliden AB (publ) (OTCMKTS:BDNNY) Decreases By 20.0%

Boliden AB (publ) (OTCMKTS:BDNNY) saw a large decline in short interest during the month of March. As of March 15th, there was short interest totalling 800 shares, a decline of 20.0% from the February 28th total of 1,000 shares. Based on an average trading volume of 10,800 shares, the short-interest ratio is currently 0.1 days.

Boliden AB (publ) Stock Performance

Shares of Boliden AB (publ) stock opened at $65.55 on Wednesday. The business has a 50 day moving average of $68.75 and a 200 day moving average of $63.62. Boliden AB has a 52 week low of $54.44 and a 52 week high of $76.62.

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

Wall Street Analyst Weigh In

Several brokerages have weighed in on BDNNY. Royal Bank of Canada cut shares of Boliden AB (publ) from a “hold” rating to a “strong sell” rating in a research report on Thursday, December 5th. UBS Group upgraded shares of Boliden AB (publ) from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 7th. Three analysts have rated the stock with a sell rating and three have assigned a hold rating to the company. According to MarketBeat.com, the stock 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.