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

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

Analyst Ratings Changes

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

Andritz Stock Up 0.2 %

OTCMKTS ADRZY opened at $10.18 on Wednesday. Andritz has a 1-year low of $9.35 and a 1-year high of $14.32. The company has a market capitalization of $5.29 billion, a price-to-earnings ratio of 9.34 and a beta of 0.91. The stock’s 50 day moving average is $10.61 and its two-hundred day moving average is $12.02. The company has a current ratio of 1.18, a quick ratio of 0.91 and a debt-to-equity ratio of 0.31.

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 return on equity of 23.35% and a net margin of 5.90%. The business had revenue of $2.24 billion for the quarter. Equities analysts forecast that Andritz will post 1.23 earnings per share for the current fiscal year.

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.