Short Interest in Andritz AG (OTCMKTS:ADRZY) Rises By 1,190.0%

Andritz AG (OTCMKTS:ADRZY) was the target of a large increase in short interest in November. As of November 15th, there was short interest totalling 12,900 shares, an increase of 1,190.0% from the October 31st total of 1,000 shares. Based on an average trading volume of 23,200 shares, the days-to-cover ratio is presently 0.6 days.

Andritz Stock Up 1.3 %

Shares of ADRZY opened at $11.16 on Friday. Andritz has a 52 week low of $10.63 and a 52 week high of $14.32. The stock has a 50 day moving average price of $12.70 and a two-hundred day moving average price of $12.42. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.18 and a quick ratio of 0.91.

Andritz (OTCMKTS:ADRZY) last announced its quarterly earnings results on Thursday, October 31st. The company reported $0.26 earnings per share (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 during the quarter. On average, analysts forecast that Andritz will post 1.23 earnings per share for the current 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.