Andritz AG (OTCMKTS:ADRZF) Short Interest Up 870.0% in March

Andritz AG (OTCMKTS:ADRZF) was the target of a large growth in short interest in March. As of March 15th, there was short interest totalling 48,500 shares, a growth of 870.0% from the February 29th total of 5,000 shares. Based on an average daily trading volume, of 400 shares, the days-to-cover ratio is presently 121.3 days.

Andritz Stock Performance

Shares of Andritz stock opened at $63.96 on Thursday. Andritz has a 12 month low of $45.60 and a 12 month high of $70.63. The stock’s fifty day moving average price is $60.66 and its 200-day moving average price is $52.78.

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.