Aurubis AG (OTCMKTS:AIAGY) Short Interest Update

Aurubis AG (OTCMKTS:AIAGY) was the target of a large increase in short interest in January. As of January 30th, there was short interest totaling 147 shares, an increase of 7,250.0% from the January 15th total of 2 shares. Based on an average daily trading volume, of 315 shares, the short-interest ratio is presently 0.5 days. Based on an average daily trading volume, of 315 shares, the short-interest ratio is presently 0.5 days.

Wall Street Analysts Forecast Growth

AIAGY has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Aurubis in a research note on Friday. Morgan Stanley restated an “underweight” rating on shares of Aurubis in a research note on Tuesday, February 3rd. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Reduce”.

Aurubis Stock Performance

Shares of AIAGY stock remained flat at $100.75 during trading hours on Tuesday. The stock had a trading volume of 17 shares, compared to its average volume of 256. Aurubis has a 12 month low of $42.98 and a 12 month high of $100.75. The company has a 50 day moving average price of $76.11 and a 200-day moving average price of $65.67.

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.