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

Boliden AB (publ) (OTCMKTS:BDNNY) was the recipient of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 7,826 shares, a growth of 92.0% from the April 30th total of 4,076 shares. Based on an average trading volume of 23,886 shares, the days-to-cover ratio is presently 0.3 days.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. Zacks Research raised shares of Boliden AB (publ) to a “hold” rating in a report on Wednesday, April 22nd. Barclays raised shares of Boliden AB (publ) from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 28th. Finally, Royal Bank Of Canada downgraded Boliden AB (publ) from a “moderate buy” rating to a “hold” rating in a research note on Friday, March 20th. Two equities research analysts have rated the stock with a Strong Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy”.

Boliden AB (publ) Price Performance

OTCMKTS:BDNNY opened at $124.25 on Tuesday. Boliden AB has a fifty-two week low of $58.15 and a fifty-two week high of $160.93. The company has a 50 day simple moving average of $113.98 and a two-hundred day simple moving average of $119.53.

About Boliden AB (publ)

Boliden AB (publ) is a Swedish-based integrated metals company that specializes in the exploration, mining, smelting and recycling of base and precious metals. With a focus on sustainability and efficiency, the company produces zinc, copper, nickel, lead, gold and silver concentrates, as well as refined metals and by-products such as sulphuric acid. Boliden operates through a network of hard-rock mines, metal smelters and recycling facilities.

The group’s mining portfolio includes the Aitik copper–gold mine and the Garpenberg zinc–silver–lead mine in Sweden, the Kevitsa nickel–copper–palladium mine in Finland, and the Tara zinc mine in Ireland, among others.