Aurubis AG (OTCMKTS:AIAGY) Short Interest Up 58.2% in February

Aurubis AG (OTCMKTS:AIAGY) was the recipient of a significant increase in short interest during the month of February. As of February 27th, there was short interest totaling 87 shares, an increase of 58.2% from the February 12th total of 55 shares. Based on an average daily trading volume, of 390 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily trading volume, of 390 shares, the days-to-cover ratio is currently 0.2 days.

Aurubis Stock Performance

AIAGY opened at $92.93 on Friday. The stock has a 50-day moving average of $92.37 and a 200-day moving average of $72.92. Aurubis has a 52-week low of $42.98 and a 52-week high of $103.49.

Analyst Ratings Changes

AIAGY has been the subject of several research reports. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Aurubis in a report on Friday, February 6th. Morgan Stanley reaffirmed an “underweight” rating on shares of Aurubis in a report on Tuesday, February 3rd. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Reduce”.

Aurubis Company Profile

Aurubis AG, headquartered in Hamburg, Germany, is a leading integrated copper producer and recycler. Founded in 1866 as Norddeutsche Affinerie, the company has evolved into a global multi‐metal provider, focusing on the smelting, refining and recycling of copper concentrates and copper scrap. Aurubis serves as a key supplier of high‐purity copper products to industries such as electrical engineering, construction, automotive and electronics.

The company’s core activities encompass primary copper production from mined concentrates and secondary production from recycled materials.