Boliden AB (publ) (OTCMKTS:BDNNY) Short Interest Down 89.8% in January

Boliden AB (publ) (OTCMKTS:BDNNY) was the target of a large decline in short interest in January. As of January 15th, there was short interest totalling 500 shares, a decline of 89.8% from the December 31st total of 4,900 shares. Based on an average trading volume of 44,000 shares, the days-to-cover ratio is presently 0.0 days.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on BDNNY. UBS Group raised Boliden AB (publ) from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 7th. Citigroup upgraded Boliden AB (publ) to a “hold” rating in a report on Wednesday, October 9th. Royal Bank of Canada cut Boliden AB (publ) from a “hold” rating to a “strong sell” rating in a report on Thursday, December 5th. BNP Paribas downgraded shares of Boliden AB (publ) from a “hold” rating to a “strong sell” rating in a research report on Friday, October 25th. Finally, Barclays cut shares of Boliden AB (publ) from a “strong-buy” rating to a “strong sell” rating in a report on Wednesday, October 16th. Three equities research analysts have rated the stock with a sell rating and three have given a hold rating to the stock. Based on data from MarketBeat.com, Boliden AB (publ) presently has an average rating of “Hold”.

Boliden AB (publ) Trading Down 1.4 %

OTCMKTS:BDNNY traded down $0.89 on Tuesday, hitting $60.90. The stock had a trading volume of 6,344 shares, compared to its average volume of 14,156. The firm’s fifty day simple moving average is $59.04 and its two-hundred day simple moving average is $60.41. Boliden AB has a 1 year low of $49.82 and a 1 year high of $72.51.

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.