Holcim AG (OTCMKTS:HCMLY) Short Interest Update

Holcim AG (OTCMKTS:HCMLY - Get Free Report) was the target of a large decrease in short interest during the month of May. As of May 31st, there was short interest totalling 8,000 shares, a decrease of 83.4% from the May 15th total of 48,300 shares. Approximately 0.0% of the company's shares are sold short. Based on an average daily trading volume, of 312,800 shares, the short-interest ratio is currently 0.0 days.

Holcim Stock Down 3.3%

Holcim stock traded down $0.79 during trading on Friday, reaching $22.99. 47,463 shares of the company's stock were exchanged, compared to its average volume of 105,194. The company's 50-day moving average is $22.39 and its two-hundred day moving average is $21.24. The company has a quick ratio of 0.89, a current ratio of 1.23 and a debt-to-equity ratio of 0.46. Holcim has a 52-week low of $17.14 and a 52-week high of $30.00.

Holcim Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, June 6th. Investors of record on Wednesday, May 28th were given a dividend of $0.6922 per share. This represents a yield of 2.91%. This is a boost from Holcim's previous dividend of $0.57. The ex-dividend date of this dividend was Tuesday, May 27th.

Analysts Set New Price Targets

HCMLY has been the subject of a number of research analyst reports. Barclays upgraded Holcim from a "strong sell" rating to a "strong-buy" rating in a report on Tuesday, June 10th. Citigroup downgraded Holcim from a "strong-buy" rating to a "neutral" rating in a report on Monday, March 10th. Finally, Sanford C. Bernstein initiated coverage on Holcim in a report on Tuesday, May 13th. They set an "outperform" rating for the company.

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.