Andritz AG (OTCMKTS:ADRZF) Sees Large Increase in Short Interest

Andritz AG (OTCMKTS:ADRZF) was the target of a large increase in short interest during the month of June. As of June 15th, there was short interest totalling 141,200 shares, an increase of 44.2% from the May 31st total of 97,900 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 1,412.0 days.

Andritz Price Performance

Andritz stock opened at $61.03 on Friday. The company has a fifty day simple moving average of $59.27 and a 200-day simple moving average of $58.00. Andritz has a 12-month low of $45.60 and a 12-month high of $65.33.

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.