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

Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) saw a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 7,895 shares, a decline of 80.4% from the July 30th total of 40,212 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 215,432 shares, the short-interest ratio is presently 0.0 days.

Holcim Stock Performance

HCMLY stock traded down $0.11 during mid-day trading on Friday, hitting $17.93. 82,154 shares of the company were exchanged, compared to its average volume of 137,816. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.09 and a current ratio of 1.32. The firm’s 50 day simple moving average is $18.10 and its 200 day simple moving average is $18.10. Holcim has a 1-year low of $15.45 and a 1-year high of $21.23.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on HCMLY shares. BNP Paribas Exane raised Holcim from a “neutral” rating to an “outperform” rating in a research note on Friday, June 19th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Holcim in a report on Friday, July 3rd. Two investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, Holcim has an average rating of “Buy” and an average price target of $16.80.

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.