Andritz AG (OTCMKTS:ADRZF) Sees Significant Drop in Short Interest

Andritz AG (OTCMKTS:ADRZF) was the target of a large drop in short interest in the month of January. As of January 31st, there was short interest totalling 47,200 shares, a drop of 36.3% from the January 15th total of 74,100 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Andritz Stock Performance

ADRZF stock opened at $50.65 on Friday. The business has a 50 day moving average price of $50.87 and a 200 day moving average price of $62.05. Andritz has a fifty-two week low of $50.65 and a fifty-two week high of $71.40.

Andritz Company Profile

Andritz AG provides plants, equipment, and services for pulp and paper industry, metalworking and steel industries, hydropower stations, and solid/liquid separation in the municipal and industrial sectors in Europe, North America, South America, China, Asia, and internationally. It operates through four segments: Pulp & Paper, Metals, Hydro, and Separation.