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

Boliden AB (publ) (OTCMKTS:BDNNY) saw a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 6,062 shares, a drop of 78.9% from the June 30th total of 28,767 shares. Based on an average daily volume of 49,659 shares, the short-interest ratio is presently 0.1 days.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on BDNNY. Barclays raised shares of Boliden AB (publ) from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 28th. The Goldman Sachs Group raised shares of Boliden AB (publ) to a “strong sell” rating in a research note on Tuesday, June 9th. Finally, Zacks Research upgraded shares of Boliden AB (publ) from a “strong sell” rating to a “hold” rating in a research report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Boliden AB (publ) Price Performance

BDNNY opened at $98.47 on Friday. Boliden AB has a fifty-two week low of $61.13 and a fifty-two week high of $160.93. The company’s 50 day moving average price is $112.21 and its two-hundred day moving average price is $122.36.

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.