Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) Shares Shorted: Short Interest Up 898.0% in October

Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) was the recipient of a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 74,831 shares, a growth of 898.0% from the October 15th total of 7,498 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 361,530 shares, the days-to-cover ratio is presently 0.2 days.

Analysts Set New Price Targets

Separately, Royal Bank Of Canada reissued a “sector perform” rating on shares of Holcim in a research report on Monday, October 26th. Two analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $16.80.

Holcim Stock Performance

OTCMKTS HCMLY traded down $0.15 during trading on Thursday, hitting $17.95. 41,795 shares of the company traded hands, compared to its average volume of 156,398. Holcim has a 12 month low of $14.79 and a 12 month high of $21.23. The business has a fifty day simple moving average of $16.51 and a 200 day simple moving average of $17.80. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.09 and a quick ratio of 0.84.

Holcim Company Profile

Holcim is a Switzerland-based building materials and construction solutions company. It produces and supplies cement, aggregates, ready-mix concrete and other materials used in residential, commercial and infrastructure projects. The company also offers products and services focused on building and renovation, including roofing and insulation solutions in selected markets. Its portfolio includes lower-carbon cement and concrete products designed to support more sustainable construction. Holcim serves customers across Europe, Latin America, Asia, the Middle East and Africa.