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

Boliden AB (publ) (OTCMKTS:BDNNY) was the recipient of a large decline in short interest in February. As of February 15th, there was short interest totalling 800 shares, a decline of 83.7% from the January 31st total of 4,900 shares. Based on an average daily volume of 14,600 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on BDNNY shares. Royal Bank of Canada lowered Boliden AB (publ) from a “hold” rating to a “strong sell” rating in a research report on Thursday, December 5th. UBS Group upgraded Boliden AB (publ) from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 7th. Three research analysts have rated the stock with a sell rating and three have issued a hold rating to the company’s stock. According to MarketBeat.com, Boliden AB (publ) presently has an average rating of “Hold”.

Boliden AB (publ) Trading Down 0.1 %

Shares of OTCMKTS BDNNY traded down $0.04 during mid-day trading on Thursday, reaching $71.12. The company had a trading volume of 2,286 shares, compared to its average volume of 10,002. Boliden AB has a twelve month low of $49.82 and a twelve month high of $72.70. The stock’s 50 day moving average is $62.61 and its 200-day moving average is $61.56.

Boliden AB (publ) (OTCMKTS:BDNNY) last posted 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.