Boliden AB (publ) (OTCMKTS:BDNNY) Short Interest Down 89.8% in December

Boliden AB (publ) (OTCMKTS:BDNNY) saw a significant decrease in short interest in December. As of December 31st, there was short interest totalling 500 shares, a decrease of 89.8% from the December 15th total of 4,900 shares. Based on an average daily volume of 44,000 shares, the short-interest ratio is presently 0.0 days.

Boliden AB (publ) Trading Up 1.4 %

Shares of BDNNY stock opened at $58.45 on Tuesday. The firm has a fifty day moving average price of $58.64 and a 200 day moving average price of $60.69. Boliden AB has a 12 month low of $49.82 and a 12 month high of $72.51.

Boliden AB (publ) (OTCMKTS:BDNNY) last released its quarterly earnings data on Tuesday, October 22nd. The company reported $1.60 EPS for the quarter. The business had revenue of $2.13 billion during the quarter.

Analysts Set New Price Targets

BDNNY has been the subject of a number of research reports. BNP Paribas cut Boliden AB (publ) from a “hold” rating to a “strong sell” rating in a research note on Friday, October 25th. 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. Barclays cut shares of Boliden AB (publ) from a “strong-buy” rating to a “strong sell” rating in a research report on Wednesday, October 16th. Berenberg Bank upgraded shares of Boliden AB (publ) to a “hold” rating in a report on Monday, September 16th. Finally, UBS Group upgraded Boliden AB (publ) from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 7th. Three analysts have rated the stock with a sell rating and three have given a hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold”.

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.