Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) Sees Large Increase in Short Interest

Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) saw a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 30,948 shares, a growth of 406.8% from the June 30th total of 6,107 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 245,972 shares, the short-interest ratio is presently 0.1 days.

Analyst Upgrades and Downgrades

HCMLY has been the subject of several analyst reports. The Goldman Sachs Group raised shares of Holcim from a “hold” rating to a “buy” rating in a research note on Thursday, April 9th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Holcim in a report on Friday, July 3rd. Royal Bank Of Canada reissued a “sector perform” rating on shares of Holcim in a research note on Monday, April 27th. BNP Paribas Exane raised Holcim from a “neutral” rating to an “outperform” rating in a research report on Friday, June 19th. Finally, DZ Bank upgraded Holcim from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 27th. Two equities research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, Holcim presently has a consensus rating of “Moderate Buy” and a consensus target price of $16.80.

Holcim Stock Down 0.1%

Shares of HCMLY stock opened at $18.04 on Friday. The stock’s fifty day moving average price is $18.60 and its 200 day moving average price is $18.48. Holcim has a 1-year low of $15.14 and a 1-year high of $27.15. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.09 and a current ratio of 1.32.

Holcim Company Profile

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.