Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) Short Interest Up 206.8% in April

Key Points

• Short interest jumped 206.8% in April to 132,744 shares, producing a short-interest ratio of 0.4 days based on average daily volume; the report also notes 0.0% of the company's stock are short sold.
• Shares traded up 2.7% to $18.58, and analysts hold a consensus rating of "Moderate Buy" with an average price target of $16.80, amid a mix of recent upgrades and downgrades.

Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY - Get Free Report) saw a large increase in short interest during the month of April. As of April 15th, there was short interest totaling 132,744 shares, an increase of 206.8% from the March 31st total of 43,272 shares. Based on an average daily volume of 301,571 shares, the short-interest ratio is presently 0.4 days. Currently, 0.0% of the company's stock are short sold.

Holcim Trading Up 2.7%

Shares of Holcim stock traded up $0.49 during trading hours on Friday, hitting $18.58. The company had a trading volume of 64,245 shares, compared to its average volume of 144,915. The company's 50-day moving average is $17.44 and its two-hundred day moving average is $18.24. Holcim has a twelve month low of $15.14 and a twelve month high of $30.00. The company has a current ratio of 1.32, a quick ratio of 1.09 and a debt-to-equity ratio of 0.49.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on HCMLY shares. BNP Paribas Exane raised shares of Holcim from a "strong sell" rating to a "hold" rating in a research report on Friday, April 10th. Citigroup raised shares of Holcim from a "hold" rating to a "strong-buy" rating in a research report on Thursday, March 5th. Royal Bank Of Canada restated a "sector perform" rating on shares of Holcim in a report on Monday, January 12th. DZ Bank cut shares of Holcim from a "strong-buy" rating to a "hold" rating in a report on Friday, January 16th. Finally, The Goldman Sachs Group upgraded shares of Holcim from a "hold" rating to a "buy" rating in a report on Thursday, April 9th. Three analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, Holcim has a consensus rating of "Moderate 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.

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