Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) Stock Short Interest Climbs 1,005.8%

Holcim Ltd Unsponsored ADR (OTCMKTS:HCMLY) was the target of a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 98,010 shares, a growth of 1,005.8% from the August 31st total of 8,863 shares. Based on an average trading volume of 341,334 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the shares of the stock are short sold.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Holcim in a research report on Friday, July 3rd. BNP Paribas Exane raised Holcim from a “neutral” rating to an “outperform” rating in a report on Friday, June 19th. Two research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $16.80.

Holcim Stock Performance

Shares of OTCMKTS:HCMLY opened at $16.10 on Friday. The company has a current ratio of 1.32, a quick ratio of 1.09 and a debt-to-equity ratio of 0.49. The stock has a fifty day moving average of $17.56 and a 200-day moving average of $17.90. Holcim has a one year low of $15.45 and a one year high of $21.23.

About Holcim

Holcim Ltd. is a Switzerland-based global building materials company that supplies products and solutions used in residential, commercial and infrastructure construction. Its offerings include cement, aggregates, ready-mix concrete and precast products, as well as roofing systems and other building solutions.

The company serves construction customers across Europe, Latin America, Asia and Africa through a network of manufacturing facilities, distribution operations and brands. Holcim also focuses on lower-carbon construction through alternative fuels, recycled materials, products designed to reduce embodied carbon and solutions that support the circular use of building materials.

Holcim traces its origins to 1912, when it was established in Switzerland as Holderbank.