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

Andritz AG (OTCMKTS:ADRZF) was the recipient of a significant growth in short interest during the month of September. As of September 30th, there was short interest totalling 133,000 shares, a growth of 405.7% from the September 15th total of 26,300 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 1,330.0 days.

Andritz Price Performance

ADRZF stock opened at $71.40 on Friday. Andritz has a 12-month low of $45.60 and a 12-month high of $71.40. The stock has a 50-day moving average price of $66.10 and a two-hundred day moving average price of $62.41.

About Andritz

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.