Short Interest in Andritz AG (OTCMKTS:ADRZY) Expands By 1,200.0%

Andritz AG (OTCMKTS:ADRZY) was the recipient of a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 1,300 shares, an increase of 1,200.0% from the December 31st total of 100 shares. Based on an average daily volume of 24,300 shares, the days-to-cover ratio is presently 0.1 days.

Wall Street Analysts Forecast Growth

Separately, Barclays downgraded shares of Andritz from a “hold” rating to a “strong sell” rating in a report on Wednesday, December 4th.

Andritz Price Performance

Shares of OTCMKTS:ADRZY traded down $0.22 during midday trading on Tuesday, reaching $11.64. 1,183 shares of the company’s stock were exchanged, compared to its average volume of 7,746. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.89 and a current ratio of 1.16. The company’s 50 day simple moving average is $10.54 and its two-hundred day simple moving average is $11.94. Andritz has a 12 month low of $9.35 and a 12 month high of $14.32. The firm has a market capitalization of $6.05 billion, a PE ratio of 10.68 and a beta of 0.91.

Andritz (OTCMKTS:ADRZY) last announced its quarterly earnings results on Thursday, October 31st. The company reported $0.26 EPS for the quarter. Andritz had a net margin of 5.90% and a return on equity of 23.10%. The firm had revenue of $2.24 billion during the quarter. Equities research analysts expect that Andritz will post 1.13 earnings per share for the current fiscal year.

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.