Boliden AB (publ) (OTCMKTS:BDNNY) Short Interest Up 200.0% in November

Boliden AB (publ) (OTCMKTS:BDNNY) saw a large increase in short interest in November. As of November 15th, there was short interest totalling 10,800 shares, an increase of 200.0% from the October 31st total of 3,600 shares. Based on an average daily trading volume, of 26,700 shares, the days-to-cover ratio is presently 0.4 days.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on BDNNY shares. Berenberg Bank raised shares of Boliden AB (publ) to a “hold” rating in a research note on Monday, September 16th. UBS Group downgraded Boliden AB (publ) from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 23rd. Barclays downgraded Boliden AB (publ) from a “strong-buy” rating to a “strong sell” rating in a research note on Wednesday, October 16th. BNP Paribas lowered Boliden AB (publ) from a “hold” rating to a “strong sell” rating in a report on Friday, October 25th. Finally, Citigroup upgraded Boliden AB (publ) to a “hold” rating in a report on Wednesday, October 9th. Three research analysts have rated the stock with a sell rating and two have given a hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Reduce”.

Boliden AB (publ) Trading Up 0.2 %

OTCMKTS:BDNNY traded up $0.10 during trading hours on Thursday, reaching $59.07. The company’s stock had a trading volume of 7,110 shares, compared to its average volume of 12,890. Boliden AB has a one year low of $49.82 and a one year high of $72.51. The business’s 50-day moving average is $62.54 and its 200-day moving average is $62.89.

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

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.