Short Interest in Boliden AB (publ) (OTCMKTS:BDNNY) Rises By 25.0%

Boliden AB (publ) (OTCMKTS:BDNNY) was the target of a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 1,000 shares, a growth of 25.0% from the February 13th total of 800 shares. Based on an average daily volume of 8,000 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on BDNNY. Royal Bank of Canada cut 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 research note on Tuesday, January 7th. Three analysts have rated the stock with a sell rating and three have issued a hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold”.

Boliden AB (publ) Stock Performance

Shares of BDNNY opened at $71.58 on Monday. Boliden AB has a 12-month low of $52.95 and a 12-month high of $76.62. The stock’s 50-day moving average price is $66.34 and its 200 day moving average price is $62.58.

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

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.