Andritz AG (OTCMKTS:ADRZF – Get Free Report) saw a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 26,139 shares, an increase of 80.5% from the September 15th total of 14,485 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ? days.
Wall Street Analysts Forecast Growth
Separately, Sanford C. Bernstein started coverage on shares of Andritz in a report on Wednesday, September 23rd. They set an “outperform” rating on the stock. One analyst has rated the stock with a Buy rating. According to MarketBeat.com, Andritz currently has a consensus rating of “Buy”.
Read Our Latest Report on ADRZF
Andritz Price Performance
Shares of OTCMKTS:ADRZF opened at $91.38 on Friday. The business has a 50-day moving average of $94.52 and a two-hundred day moving average of $88.49. Andritz has a fifty-two week low of $67.22 and a fifty-two week high of $94.95.
About Andritz
Andritz AG is an Austria-based international technology and engineering group that develops, supplies and services plants, systems and equipment for industrial and infrastructure applications. Its offerings include production technologies, automation solutions, aftermarket services and digital systems designed to support customers throughout the life cycle of their equipment and facilities.
The company operates through several core business areas, including pulp and paper, metals, hydropower, and environmental and energy solutions.
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