Andritz AG (OTCMKTS:ADRZF) Sees Large Decline in Short Interest

Andritz AG (OTCMKTS:ADRZF) was the target of a significant decline in short interest in January. As of January 31st, there was short interest totalling 47,200 shares, a decline of 36.3% from the January 15th total of 74,100 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Andritz Stock Performance

OTCMKTS:ADRZF opened at $50.65 on Friday. Andritz has a one year low of $50.65 and a one year high of $71.40. The business’s 50-day simple moving average is $50.93 and its 200 day simple moving average is $62.13.

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.