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

Andritz AG (OTCMKTS:ADRZF) was the recipient of a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 180,500 shares, a growth of 65.3% from the October 15th total of 109,200 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 1,805.0 days.

Andritz Price Performance

OTCMKTS ADRZF opened at $71.40 on Friday. The company has a 50 day moving average of $70.05 and a 200-day moving average of $64.03. Andritz has a 1-year low of $45.60 and a 1-year high of $71.40.

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.