Short Interest in Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) Expands By 199.0%

Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) saw a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 29,900 shares, a growth of 199.0% from the August 15th total of 10,000 shares. Based on an average daily trading volume, of 496,400 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 496,400 shares, the short-interest ratio is presently 0.1 days.

Holcim Trading Down 0.4%

OTCMKTS HCMLY opened at $17.42 on Monday. The business has a 50 day simple moving average of $19.43 and a two-hundred day simple moving average of $21.44. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.93 and a current ratio of 1.25. Holcim has a 1-year low of $15.14 and a 1-year high of $30.00.

Analyst Ratings Changes

HCMLY has been the topic of several recent analyst reports. Kepler Capital Markets raised Holcim to a “strong-buy” rating in a research report on Thursday, July 24th. The Goldman Sachs Group initiated coverage on Holcim in a report on Thursday, September 4th. They issued a “buy” rating on the stock. Morgan Stanley reissued an “overweight” rating on shares of Holcim in a report on Tuesday, September 2nd. Citigroup reissued a “neutral” rating on shares of Holcim in a report on Monday, July 14th. Finally, Barclays raised Holcim from a “strong sell” rating to a “strong-buy” rating in a report on Tuesday, June 10th. Two investment analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Holcim Company Profile

Holcim AG, together with its subsidiaries, operates as a building materials and solutions company worldwide. It operates through North America; Latin America; Europe; Asia, Middle East & Africa; and Solutions & Products segments. The company offers cement, clinker, and other cementitious materials; ready-mix concrete; aggregates, such as crushed stone, gravel, and sand; and precast, concrete products, asphalts, mortars, roofing systems, insulation tile adhesives, facade solutions, and contracting and services.