Short Interest in Andritz AG (OTCMKTS:ADRZY) Rises By 1,190.0%

Andritz AG (OTCMKTS:ADRZY) saw a large increase in short interest in November. As of November 15th, there was short interest totalling 12,900 shares, an increase of 1,190.0% from the October 31st total of 1,000 shares. Based on an average daily trading volume, of 23,200 shares, the short-interest ratio is currently 0.6 days.

Andritz Stock Down 0.4 %

Shares of ADRZY traded down $0.04 during trading hours on Wednesday, hitting $11.02. 504 shares of the stock were exchanged, compared to its average volume of 7,460. The stock’s 50-day moving average price is $12.75 and its two-hundred day moving average price is $12.43. Andritz has a 12-month low of $10.59 and a 12-month high of $14.32. The company has a quick ratio of 0.91, a current ratio of 1.18 and a debt-to-equity ratio of 0.31.

Andritz (OTCMKTS:ADRZY) last issued its earnings results on Thursday, October 31st. The company reported $0.26 EPS for the quarter. The business had revenue of $2.24 billion during the quarter. Andritz had a net margin of 5.90% and a return on equity of 23.35%. Sell-side analysts forecast that Andritz will post 1.23 EPS for the current 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.