Boliden AB (publ) (OTCMKTS:BDNNY) Stock Short Interest Rises 183.0%

Boliden AB (publ) (OTCMKTS:BDNNY) saw a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 28,720 shares, a growth of 183.0% from the September 30th total of 10,147 shares. Based on an average trading volume of 50,407 shares, the short-interest ratio is presently 0.6 days.

Boliden AB (publ) Stock Down 0.5%

Shares of BDNNY stock opened at $101.68 on Thursday. The stock’s fifty day simple moving average is $108.92 and its 200 day simple moving average is $117.70. Boliden AB has a one year low of $84.54 and a one year high of $160.93.

Analysts Set New Price Targets

BDNNY has been the topic of several recent research reports. Zacks Research lowered shares of Boliden AB (publ) from a “hold” rating to a “strong sell” rating in a research report on Monday. Berenberg Bank cut shares of Boliden AB (publ) from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 22nd. One research analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Boliden AB (publ) has a consensus rating of “Hold”.

About Boliden AB (publ)

Boliden AB (publ) is a Sweden-based metals and mining company engaged in the exploration, mining, smelting and recycling of base and precious metals. Its principal products include zinc, copper, lead, nickel, gold and silver, which are supplied to industrial customers and metal markets, primarily in Europe.

The company operates mines and metallurgical facilities in the Nordic region and has historically maintained mining operations in Sweden, Finland, Ireland and other parts of Europe.