Short Interest in Andritz AG (OTCMKTS:ADRZY) Drops By 72.2%

Andritz AG (OTCMKTS:ADRZY) was the target of a large drop in short interest during the month of February. As of February 15th, there was short interest totalling 1,000 shares, a drop of 72.2% from the January 31st total of 3,600 shares. Based on an average daily volume of 12,700 shares, the short-interest ratio is presently 0.1 days.

Analyst Upgrades and Downgrades

Separately, Barclays lowered Andritz from a “hold” rating to a “strong sell” rating in a report on Wednesday, December 4th.

Andritz Trading Down 2.7 %

ADRZY stock opened at $11.74 on Friday. Andritz has a 52 week low of $9.35 and a 52 week high of $14.32. The company has a market capitalization of $6.10 billion, a PE ratio of 10.77 and a beta of 0.93. The company’s 50-day simple moving average is $10.95 and its 200 day simple moving average is $11.86. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.89 and a current ratio of 1.16.

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.