Boliden AB (publ) (OTCMKTS:BDNNY) Short Interest Update

Boliden AB (publ) (OTCMKTS:BDNNY) was the recipient of a large decline in short interest during the month of September. As of September 30th, there was short interest totalling 3,700 shares, a decline of 5.1% from the September 15th total of 3,900 shares. Based on an average daily trading volume, of 17,200 shares, the short-interest ratio is presently 0.2 days.

Boliden AB (publ) Price Performance

Shares of BDNNY opened at $63.25 on Friday. The firm has a 50-day moving average of $61.29 and a 200-day moving average of $63.53. Boliden AB has a one year low of $48.66 and a one year high of $72.51.

Boliden AB (publ) (OTCMKTS:BDNNY) last issued its earnings results on Friday, July 19th. The company reported $2.47 earnings per share (EPS) for the quarter. The firm had revenue of $2.13 billion during the quarter.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Citigroup upgraded shares of Boliden AB (publ) to a “hold” rating in a research note on Wednesday, October 9th. UBS Group raised Boliden AB (publ) to a “hold” rating in a research report on Friday, September 13th. Barclays lowered Boliden AB (publ) from a “strong-buy” rating to a “strong sell” rating in a research report on Wednesday. Finally, Berenberg Bank raised Boliden AB (publ) to a “hold” rating in a report on Monday, September 16th.

About Boliden AB (publ)

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.