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

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

Holcim Trading Up 2.8%

Shares of HCMLY stock traded up $0.51 during mid-day trading on Wednesday, hitting $18.25. 11,785 shares of the stock were exchanged, compared to its average volume of 138,463. Holcim has a 52-week low of $15.45 and a 52-week high of $21.23. The company has a current ratio of 1.32, a quick ratio of 1.09 and a debt-to-equity ratio of 0.49. The firm has a fifty day moving average of $18.14 and a 200 day moving average of $18.12.

Analysts Set New Price Targets

Several research firms have commented on HCMLY. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Holcim in a research report on Friday, July 3rd. BNP Paribas Exane raised shares of Holcim from a “neutral” rating to an “outperform” rating in a report on Friday, June 19th. Two analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price 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.