Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) Short Interest Up 77.8% in July

Key Points

• Holcim Ltd's short interest increased by 77.8% in July, reaching a total of 6,400 shares, compared to 3,600 shares mid-month.
• Several analysts have rated Holcim positively, with ratings ranging from neutral to strong-buy, resulting in an average rating of "Buy".
• Holcim recently declared an increased dividend of $0.6922 per share, up from $0.57, reflecting a significant yield.

Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY - Get Free Report) was the target of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 6,400 shares, anincreaseof77.8% from the July 15th total of 3,600 shares. Based on an average daily volume of 278,900 shares, the short-interest ratio is presently 0.0 days. Currently,0.0% of the company's shares are short sold. Currently,0.0% of the company's shares are short sold. Based on an average daily volume of 278,900 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analyst Weigh In

HCMLY has been the topic of a number of research reports. Citigroup reaffirmed a "neutral" rating on shares of Holcim in a research report on Monday, July 14th. Kepler Capital Markets raised Holcim to a "strong-buy" rating in a report on Thursday, July 24th. Morgan Stanley restated an "overweight" rating on shares of Holcim in a research note on Monday, August 4th. Barclays raised Holcim from a "strong sell" rating to a "strong-buy" rating in a report on Tuesday, June 10th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of Holcim in a report on Monday, July 21st. Two research analysts have rated the stock with a hold rating, three have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat, Holcim presently has an average rating of "Buy".

Holcim Stock Down 0.5%

HCMLY traded down $0.08 on Monday, reaching $16.64. The stock had a trading volume of 282,225 shares, compared to its average volume of 206,480. The business's 50-day moving average price is $22.27 and its two-hundred day moving average price is $22.04. Holcim has a 12-month low of $15.14 and a 12-month high of $30.00. The company has a quick ratio of 0.93, a current ratio of 1.25 and a debt-to-equity ratio of 0.43.

Holcim Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, June 6th. Shareholders of record on Wednesday, May 28th were given a dividend of $0.6922 per share. This is an increase from Holcim's previous dividend of $0.57. This represents a yield of 291.0%. The ex-dividend date was Tuesday, May 27th.

Holcim Company Profile

Holcim AG, together with its subsidiaries, operates as a building materials and solutions company worldwide. It operates through North America; Latin America; Europe; Asia, Middle East & Africa; and Solutions & Products segments. The company offers cement, clinker, and other cementitious materials; ready-mix concrete; aggregates, such as crushed stone, gravel, and sand; and precast, concrete products, asphalts, mortars, roofing systems, insulation tile adhesives, facade solutions, and contracting and services.

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