Boliden AB (publ) (OTCMKTS:BDNNY) Sees Significant Decrease in Short Interest

Boliden AB (publ) (OTCMKTS:BDNNY) was the recipient of a significant decrease in short interest in the month of September. As of September 30th, there was short interest totalling 3,700 shares, a decrease of 5.1% from the September 15th total of 3,900 shares. Based on an average daily volume of 17,200 shares, the short-interest ratio is presently 0.2 days.

Boliden AB (publ) Stock Performance

Shares of OTCMKTS BDNNY opened at $62.41 on Thursday. The stock’s 50 day moving average price is $61.06 and its 200-day moving average price is $63.49. Boliden AB has a twelve month low of $48.66 and a twelve month high of $72.51.

Boliden AB (publ) (OTCMKTS:BDNNY) last posted its quarterly earnings data on Friday, July 19th. The company reported $2.47 earnings per share for the quarter. The business had revenue of $2.13 billion during the quarter.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on BDNNY shares. Barclays raised Boliden AB (publ) to a “strong-buy” rating in a research note on Friday, September 13th. Berenberg Bank raised Boliden AB (publ) to a “hold” rating in a research report on Monday, September 16th. Citigroup raised shares of Boliden AB (publ) to a “hold” rating in a research report on Wednesday, October 9th. Finally, UBS Group upgraded shares of Boliden AB (publ) to a “hold” rating in a report on Friday, September 13th.

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.