Short Interest in Boliden AB (publ) (OTCMKTS:BDNNY) Rises By 153.9%

Boliden AB (publ) (OTCMKTS:BDNNY) saw a significant growth in short interest in August. As of August 14th, there was short interest totaling 4,520 shares, a growth of 153.9% from the July 30th total of 1,780 shares. Based on an average daily volume of 26,808 shares, the short-interest ratio is currently 0.2 days.

Boliden AB (publ) Trading Down 0.3%

Shares of OTCMKTS:BDNNY opened at $118.80 on Friday. Boliden AB has a 1 year low of $67.74 and a 1 year high of $160.93. The business has a fifty day simple moving average of $108.63 and a 200 day simple moving average of $118.39.

Analyst Ratings Changes

BDNNY has been the topic of a number of research analyst reports. Berenberg Bank downgraded Boliden AB (publ) from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 22nd. The Goldman Sachs Group upgraded Boliden AB (publ) to a “strong sell” rating in a research report on Tuesday, June 9th. Barclays raised Boliden AB (publ) from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 28th. Finally, Zacks Research raised shares of Boliden AB (publ) from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 21st. One analyst has rated the stock with a Strong Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold”.

Boliden AB (publ) Company Profile

Boliden AB (publ) is a Swedish-based integrated metals company that specializes in the exploration, mining, smelting and recycling of base and precious metals. With a focus on sustainability and efficiency, the company produces zinc, copper, nickel, lead, gold and silver concentrates, as well as refined metals and by-products such as sulphuric acid. Boliden operates through a network of hard-rock mines, metal smelters and recycling facilities.

The group’s mining portfolio includes the Aitik copper–gold mine and the Garpenberg zinc–silver–lead mine in Sweden, the Kevitsa nickel–copper–palladium mine in Finland, and the Tara zinc mine in Ireland, among others.