Short Interest in Holcim AG (OTCMKTS:HCMLY) Drops By 76.0%

Holcim AG (OTCMKTS:HCMLY) was the target of a large decrease in short interest in the month of March. As of March 31st, there was short interest totalling 5,900 shares, a decrease of 76.0% from the March 15th total of 24,600 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 126,000 shares, the days-to-cover ratio is currently 0.0 days.

Holcim Stock Down 0.4 %

Holcim stock traded down $0.09 during trading on Thursday, reaching $21.42. 92,733 shares of the company were exchanged, compared to its average volume of 105,681. The stock’s 50 day simple moving average is $21.59 and its two-hundred day simple moving average is $20.37. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.89 and a current ratio of 1.23. Holcim has a 52-week low of $16.09 and a 52-week high of $23.20.

Analysts Set New Price Targets

A number of analysts have recently issued reports on HCMLY shares. Barclays reaffirmed an “underweight” rating on shares of Holcim in a research note on Wednesday, March 5th. Citigroup downgraded shares of Holcim from a “strong-buy” rating to a “neutral” rating in a research note on Monday, March 10th.

About Holcim

Holcim AG, together with its subsidiaries, operates as a building materials and solutions company worldwide. It operates through North America; Latin America; Europe; Asia, Middle East & Africa; and Solutions & Products segments. The company offers cement, clinker, and other cementitious materials; ready-mix concrete; aggregates, such as crushed stone, gravel, and sand; and precast, concrete products, asphalts, mortars, roofing systems, insulation tile adhesives, facade solutions, and contracting and services.