Andritz AG (OTCMKTS:ADRZY) Short Interest Up 120.0% in October

Andritz AG (OTCMKTS:ADRZY) was the target of a large increase in short interest in October. As of October 15th, there was short interest totalling 1,100 shares, an increase of 120.0% from the September 30th total of 500 shares. Based on an average daily volume of 46,200 shares, the days-to-cover ratio is presently 0.0 days.

Andritz Stock Performance

OTCMKTS ADRZY opened at $13.25 on Friday. The stock has a market capitalization of $6.89 billion, a PE ratio of 11.94 and a beta of 0.90. The business has a 50 day simple moving average of $13.31 and a two-hundred day simple moving average of $12.42. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.18 and a quick ratio of 0.91. Andritz has a 1-year low of $8.80 and a 1-year high of $14.32.

Andritz (OTCMKTS:ADRZY) last posted its earnings results on Thursday, July 25th. The company reported $0.26 EPS for the quarter. Andritz had a return on equity of 24.12% and a net margin of 5.94%. The firm had revenue of $2.26 billion during the quarter. On average, research analysts predict that Andritz will post 1.19 EPS for the current fiscal year.

About Andritz

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.