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

Key Points

• Holcim Ltd's short interest surged by 82.3% in September, reaching a total of 54,500 shares compared to August's total of 29,900 shares.
• Analysts have mixed ratings on HCMLY, with several upgrades leading to an average rating of "Moderate Buy" from a range of analysts.
• Shares of Holcim have declined 2.7%, trading at $16.34, below its 12-month high of $30.00.

Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY - Get Free Report) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 54,500 shares, an increase of 82.3% from the August 31st total of 29,900 shares. Based on an average daily trading volume, of 278,800 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 278,800 shares, the days-to-cover ratio is presently 0.2 days.

Analysts Set New Price Targets

Several equities analysts have recently commented on HCMLY shares. Zacks Research raised Holcim from a "strong sell" rating to a "hold" rating in a research report on Thursday, August 28th. Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of Holcim in a research note on Monday, July 21st. Citigroup restated a "neutral" rating on shares of Holcim in a research note on Monday, July 14th. Kepler Capital Markets upgraded Holcim to a "strong-buy" rating in a research note on Thursday, July 24th. Finally, Barclays upgraded Holcim from a "strong sell" rating to a "strong-buy" rating in a research note on Tuesday, June 10th. Two analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy".

Holcim Stock Down 2.7%

Shares of HCMLY traded down $0.45 during trading hours on Friday, reaching $16.34. The stock had a trading volume of 93,681 shares, compared to its average volume of 141,975. Holcim has a 12 month low of $15.14 and a 12 month high of $30.00. The company's 50-day moving average is $16.68 and its two-hundred day moving average is $20.88.

About Holcim

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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