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

Andritz AG (OTCMKTS:ADRZF) was the target of a large drop in short interest during 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 trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Andritz Price Performance

Shares of ADRZF opened at $50.65 on Friday. Andritz has a 52-week low of $50.65 and a 52-week high of $71.40. The stock has a fifty day simple moving average of $50.87 and a two-hundred day simple moving average of $62.05.

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.