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

Boliden AB (publ) (OTCMKTS:BDNNY) was the target of a significant drop in short interest in the month of January. As of January 15th, there was short interest totalling 500 shares, a drop of 89.8% from the December 31st total of 4,900 shares. Based on an average trading volume of 44,000 shares, the days-to-cover ratio is currently 0.0 days.

Boliden AB (publ) Trading Down 1.4 %

Shares of BDNNY stock traded down $0.89 during mid-day trading on Tuesday, hitting $60.90. 6,344 shares of the stock were exchanged, compared to its average volume of 14,156. The firm has a fifty day moving average of $59.04 and a 200 day moving average of $60.41. Boliden AB has a 52-week low of $49.82 and a 52-week high of $72.51.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. Citigroup raised Boliden AB (publ) to a “hold” rating in a research note on Wednesday, October 9th. Barclays lowered Boliden AB (publ) from a “strong-buy” rating to a “strong sell” rating in a research report on Wednesday, October 16th. UBS Group upgraded Boliden AB (publ) from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 7th. Royal Bank of Canada lowered Boliden AB (publ) from a “hold” rating to a “strong sell” rating in a research report on Thursday, December 5th. Finally, BNP Paribas lowered Boliden AB (publ) from a “hold” rating to a “strong sell” rating in a research report on Friday, October 25th. Three analysts have rated the stock with a sell rating and three have given a hold rating to the company’s stock. Based on data from MarketBeat.com, Boliden AB (publ) currently 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.