Boliden AB (publ) (OTCMKTS:BDNNY) Stock Short Interest Jumps 143.7%

Boliden AB (publ) (OTCMKTS:BDNNY) was the recipient of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 10,147 shares, a growth of 143.7% from the September 15th total of 4,163 shares. Based on an average trading volume of 35,818 shares, the short-interest ratio is currently 0.3 days.

Analyst Ratings Changes

Several research analysts have recently issued reports on BDNNY shares. Zacks Research raised Boliden AB (publ) from a “strong sell” rating to a “hold” rating in a research report on Tuesday, July 21st. Berenberg Bank lowered Boliden AB (publ) from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 22nd. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Boliden AB (publ) presently has an average rating of “Hold”.

Boliden AB (publ) Stock Up 1.1%

OTCMKTS:BDNNY opened at $110.20 on Wednesday. The firm’s 50-day moving average price is $110.71 and its 200-day moving average price is $111.08. Boliden AB has a 1-year low of $84.54 and a 1-year high of $160.93.

Boliden AB (publ) Company Profile

Boliden AB (publ) is a Sweden-based metals and mining company engaged in the exploration, mining, smelting and recycling of base and precious metals. Its principal products include zinc, copper, lead, nickel, gold and silver, which are supplied to industrial customers and metal markets, primarily in Europe.

The company operates mines and metallurgical facilities in the Nordic region and has historically maintained mining operations in Sweden, Finland, Ireland and other parts of Europe.