Boliden AB (publ) (OTCMKTS:BDNNY) Short Interest Down 83.7% in February

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

Boliden AB (publ) Stock Performance

Shares of BDNNY traded down $0.71 during trading hours on Friday, hitting $70.02. The stock had a trading volume of 7,297 shares, compared to its average volume of 9,749. Boliden AB has a 1-year low of $49.82 and a 1-year high of $72.70. The firm has a 50 day simple moving average of $63.21 and a 200-day simple moving average of $61.70.

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

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Royal Bank of Canada downgraded Boliden AB (publ) from a “hold” rating to a “strong sell” rating in a research report on Thursday, December 5th. UBS Group raised 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’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold”.

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.