Aurubis AG (OTCMKTS:AIAGY) Short Interest Up 100.0% in September

Aurubis AG (OTCMKTS:AIAGY) saw a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 200 shares, an increase of 100.0% from the August 31st total of 100 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 2.0 days. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 2.0 days.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Aurubis in a research report on Thursday, July 10th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Aurubis Stock Performance

Shares of OTCMKTS AIAGY opened at $62.52 on Friday. The company’s 50-day simple moving average is $57.55 and its 200-day simple moving average is $50.47. Aurubis has a 52-week low of $33.54 and a 52-week high of $62.53.

About Aurubis

Aurubis AG processes metal concentrates and recycling materials in Germany. The company processes scrap metals, organic and inorganic metalbearing recycling raw materials, and industrial residues. It also offers wire rods and specialty wires, shapes, bars and profiles, industrial rolled products, and architectural rolled products.