Short Interest in Andritz AG (OTCMKTS:ADRZY) Decreases By 72.2%

Andritz AG (OTCMKTS:ADRZY) was the target of a significant drop in short interest in the month of February. As of February 15th, there was short interest totalling 1,000 shares, a drop of 72.2% from the January 31st total of 3,600 shares. Based on an average trading volume of 12,700 shares, the days-to-cover ratio is currently 0.1 days.

Wall Street Analyst Weigh In

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

Andritz Trading Down 1.7 %

Shares of OTCMKTS:ADRZY opened at $11.54 on Friday. The stock has a market capitalization of $6.00 billion, a price-to-earnings ratio of 10.59 and a beta of 0.93. Andritz has a 1-year low of $9.35 and a 1-year high of $14.32. 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 has a 50 day moving average price of $10.95 and a 200 day moving average price of $11.86.

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.