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

Andritz AG (OTCMKTS:ADRZF) saw a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 180,500 shares, an increase of 65.3% from the October 15th total of 109,200 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 1,805.0 days.

Andritz Stock Performance

Andritz stock opened at $71.40 on Wednesday. The stock has a 50-day moving average of $69.68 and a two-hundred day moving average of $63.85. Andritz has a one year low of $45.60 and a one 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.