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

Boliden AB (publ) (OTCMKTS:BDNNY) was the target of a large growth in short interest in 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 trading volume, of 8,000 shares, the short-interest ratio is presently 0.1 days.

Boliden AB (publ) Trading Up 1.4 %

OTCMKTS:BDNNY opened at $73.57 on Wednesday. The firm’s fifty day simple moving average is $66.95 and its 200 day simple moving average is $62.75. Boliden AB has a twelve month low of $52.95 and a twelve month high of $76.62.

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

Wall Street Analyst Weigh In

BDNNY has been the topic of a number of analyst reports. UBS Group upgraded shares of Boliden AB (publ) from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 7th. Royal Bank of Canada cut Boliden AB (publ) from a “hold” rating to a “strong sell” rating in a research note on Thursday, December 5th. Three analysts have rated the stock with a sell rating and three have given a hold rating to the stock. According to data from MarketBeat.com, Boliden AB (publ) 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.