Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) Short Interest Down 44.7% in December

Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) was the target of a significant decrease in short interest in the month of December. As of December 15th, there was short interest totaling 73,533 shares, a decrease of 44.7% from the November 30th total of 133,038 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 238,329 shares, the short-interest ratio is presently 0.3 days. Based on an average daily trading volume, of 238,329 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the company’s shares are sold short.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on HCMLY. The Goldman Sachs Group started coverage on Holcim in a report on Thursday, September 4th. They set a “buy” rating on the stock. Jefferies Financial Group downgraded Holcim from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 3rd. Morgan Stanley restated an “overweight” rating on shares of Holcim in a report on Monday, October 27th. BNP Paribas cut Holcim from a “neutral” rating to an “underperform” rating and set a $16.80 price objective on the stock. in a research note on Thursday, December 4th. Finally, UBS Group raised shares of Holcim from a “hold” rating to a “buy” rating in a report on Tuesday, October 14th. Two investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Holcim presently has a consensus rating of “Moderate Buy” and a consensus price target of $16.80.

Holcim Stock Performance

Shares of HCMLY traded down $0.11 during mid-day trading on Monday, hitting $19.58. The stock had a trading volume of 25,820 shares, compared to its average volume of 119,071. Holcim has a fifty-two week low of $15.14 and a fifty-two week high of $30.00. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.49 and a quick ratio of 1.21. The company’s fifty day simple moving average is $18.25 and its two-hundred day simple moving average is $19.09.

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.