Andritz AG (OTCMKTS:ADRZY) Short Interest Up 3,500.0% in January

Andritz AG (OTCMKTS:ADRZY) saw a significant growth in short interest in the month of January. As of January 31st, there was short interest totalling 3,600 shares, a growth of 3,500.0% from the January 15th total of 100 shares. Based on an average daily volume of 31,700 shares, the days-to-cover ratio is currently 0.1 days.

Analysts Set New Price Targets

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

Andritz Price Performance

Shares of Andritz stock traded up $0.09 on Wednesday, reaching $11.25. 1,659 shares of the stock were exchanged, compared to its average volume of 11,921. The firm’s 50 day moving average is $10.61 and its 200-day moving average is $11.87. The firm has a market cap of $5.85 billion, a PE ratio of 10.38 and a beta of 0.93. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.89 and a current ratio of 1.16. Andritz has a one year low of $9.35 and a one year high of $14.32.

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.