Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) Short Interest Update

Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) was the recipient of a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 82,552 shares, a decline of 37.8% from the April 15th total of 132,744 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 237,230 shares, the short-interest ratio is currently 0.3 days.

Holcim Stock Down 1.5%

HCMLY stock traded down $0.27 during trading on Tuesday, reaching $18.03. 7,443 shares of the stock were exchanged, compared to its average volume of 160,757. The company has a quick ratio of 1.09, a current ratio of 1.32 and a debt-to-equity ratio of 0.49. Holcim has a twelve month low of $15.14 and a twelve month high of $30.00. The firm’s 50 day moving average is $17.56 and its 200 day moving average is $18.45.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on HCMLY shares. The Goldman Sachs Group upgraded shares of Holcim from a “hold” rating to a “buy” rating in a research report on Thursday, April 9th. Citigroup upgraded Holcim from a “hold” rating to a “strong-buy” rating in a report on Thursday, March 5th. DZ Bank upgraded Holcim from a “hold” rating to a “strong-buy” rating in a report on Monday, April 27th. BNP Paribas Exane upgraded Holcim from a “strong sell” rating to a “hold” rating in a report on Friday, April 10th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Holcim in a research report on Monday, April 27th. Four equities research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Holcim currently has an average rating of “Buy” and an average target price of $16.80.

About Holcim

Holcim is a global building materials and solutions company headquartered in Switzerland that produces and supplies cement, aggregates, ready-mix concrete, asphalt and a range of prefabricated and construction-related products and services. Its offerings are aimed at construction and infrastructure markets, serving contractors, developers, municipalities and industrial customers with materials for residential, commercial and civil engineering projects.

The company traces its modern form to the 2015 combination of Swiss cement maker Holcim and France’s Lafarge, which created one of the world’s largest building-materials groups; the combined enterprise later simplified its name to Holcim.