Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) Short Interest Down 37.8% in April

Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) was the recipient of a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 82,552 shares, a decline of 37.8% from the April 15th total of 132,744 shares. Based on an average daily volume of 237,230 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the company’s shares are short sold.

Analyst Upgrades and Downgrades

Several analysts have issued reports on HCMLY shares. Royal Bank Of Canada reissued a “sector perform” rating on shares of Holcim in a research note on Monday, April 27th. The Goldman Sachs Group raised Holcim from a “hold” rating to a “buy” rating in a research report on Thursday, April 9th. BNP Paribas Exane raised shares of Holcim from a “strong sell” rating to a “hold” rating in a research report on Friday, April 10th. Citigroup raised shares of Holcim from a “hold” rating to a “strong-buy” rating in a research report on Thursday, March 5th. Finally, DZ Bank upgraded shares of Holcim from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 27th. Four equities research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, Holcim has an average rating of “Buy” and an average price target of $16.80.

Holcim Stock Up 1.1%

Holcim stock traded up $0.21 during trading on Monday, reaching $18.51. The company had a trading volume of 70,590 shares, compared to its average volume of 160,639. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.32 and a quick ratio of 1.09. The firm’s 50-day simple moving average is $17.53 and its 200 day simple moving average is $18.44. Holcim has a 1-year low of $15.14 and a 1-year high of $30.00.

About Holcim

Holcim is a global building materials and solutions company headquartered in Switzerland that produces and supplies cement, aggregates, ready-mix concrete, asphalt and a range of prefabricated and construction-related products and services. Its offerings are aimed at construction and infrastructure markets, serving contractors, developers, municipalities and industrial customers with materials for residential, commercial and civil engineering projects.

The company traces its modern form to the 2015 combination of Swiss cement maker Holcim and France’s Lafarge, which created one of the world’s largest building-materials groups; the combined enterprise later simplified its name to Holcim.