Short Interest in Andritz AG (OTCMKTS:ADRZF) Drops By 17.9%

Andritz AG (OTCMKTS:ADRZF) saw a large decline in short interest in the month of October. As of October 15th, there was short interest totalling 109,200 shares, a decline of 17.9% from the September 30th total of 133,000 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is presently 1,092.0 days.

Andritz Stock Performance

ADRZF opened at $71.40 on Monday. The business has a fifty day simple moving average of $67.96 and a 200 day simple moving average of $63.07. Andritz has a 1 year low of $45.60 and a 1 year high of $71.40.

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.