Holcim AG (OTCMKTS:HCMLY) Short Interest Update

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

Holcim Price Performance

OTCMKTS HCMLY traded up $0.59 on Thursday, hitting $23.78. 201,975 shares of the company traded hands, compared to its average volume of 105,715. The business's 50 day moving average price is $22.22 and its 200-day moving average price is $21.18. Holcim has a 52-week low of $17.14 and a 52-week high of $24.08. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.23 and a quick ratio of 0.89.

Holcim Increases Dividend

The company also recently announced a dividend, which was paid on Friday, June 6th. Investors of record on Wednesday, May 28th were issued a $0.6922 dividend. This represents a yield of 2.91%. This is a positive change from Holcim's previous dividend of $0.57. The ex-dividend date was Tuesday, May 27th.

Analysts Set New Price Targets

A number of research firms have issued reports on HCMLY. Citigroup downgraded Holcim from a "strong-buy" rating to a "neutral" rating in a research note on Monday, March 10th. Barclays upgraded shares of Holcim from a "strong sell" rating to a "strong-buy" rating in a research report on Tuesday. Finally, Sanford C. Bernstein started coverage on shares of 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.