Short Interest in Boliden AB (publ) (OTCMKTS:BDNNY) Rises By 25.0%

Boliden AB (publ) (OTCMKTS:BDNNY) was the target of a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 1,000 shares, an increase of 25.0% from the February 13th total of 800 shares. Based on an average trading volume of 8,000 shares, the short-interest ratio is currently 0.1 days.

Analysts Set New Price Targets

A number of equities research analysts recently commented on BDNNY shares. 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. UBS Group upgraded Boliden AB (publ) from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 7th. Three investment analysts have rated the stock with a sell rating and three have given a hold rating to the company. According to MarketBeat.com, Boliden AB (publ) presently has a consensus rating of “Hold”.

Boliden AB (publ) Stock Up 2.4 %

OTCMKTS:BDNNY opened at $71.58 on Monday. The stock’s fifty day moving average price is $66.34 and its two-hundred day moving average price is $62.58. Boliden AB has a 52-week low of $52.95 and a 52-week high of $76.62.

Boliden AB (publ) (OTCMKTS:BDNNY) last posted its quarterly earnings data on Thursday, February 6th. The company reported $2.03 earnings per share (EPS) for the quarter.

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.