Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) Short Interest Down 84.7% in June

Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY – Get Free Report) was the target of a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 6,107 shares, a drop of 84.7% from the June 15th total of 40,025 shares. Based on an average daily volume of 299,907 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Analysts Set New Price Targets

HCMLY has been the topic of a number of research reports. The Goldman Sachs Group upgraded shares of Holcim from a “hold” rating to a “buy” rating in a report on Thursday, April 9th. DZ Bank upgraded Holcim from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 27th. BNP Paribas Exane upgraded Holcim from a “neutral” rating to an “outperform” rating in a research report on Friday, June 19th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Holcim in a research note on Monday, April 27th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Holcim in a report on Friday, July 3rd. Three equities research 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’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $16.80.

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Holcim Trading Down 1.0%

Shares of OTCMKTS HCMLY traded down $0.19 during midday trading on Monday, hitting $18.09. The company’s stock had a trading volume of 70,222 shares, compared to its average volume of 145,149. Holcim has a 12-month low of $15.14 and a 12-month high of $28.00. 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 business’s 50 day moving average is $18.73 and its two-hundred day moving average is $18.56.

Holcim Company Profile

(Get Free Report)

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.

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