Boliden AB (publ) (OTCMKTS:BDNNY) Short Interest Up 1,105.9% in April

Boliden AB (publ) (OTCMKTS:BDNNY) was the target of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 4,076 shares, a growth of 1,105.9% from the April 15th total of 338 shares. Based on an average trading volume of 19,135 shares, the days-to-cover ratio is presently 0.2 days.

Boliden AB (publ) Trading Up 2.8%

OTCMKTS:BDNNY opened at $114.60 on Tuesday. The stock has a fifty day moving average price of $120.89 and a two-hundred day moving average price of $116.74. Boliden AB has a 1 year low of $58.15 and a 1 year high of $160.93.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on BDNNY shares. Zacks Research raised Boliden AB (publ) to a “hold” rating in a report on Wednesday, April 22nd. Royal Bank Of Canada downgraded Boliden AB (publ) from a “moderate buy” rating to a “hold” rating in a report on Friday, March 20th. Finally, Kepler Capital Markets downgraded Boliden AB (publ) from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 28th. One research analyst has rated the stock with a Strong Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Hold”.

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.