Short Interest in Andritz AG (OTCMKTS:ADRZY) Expands By 1,200.0%

Andritz AG (OTCMKTS:ADRZY) was the recipient of a large increase in short interest in January. As of January 15th, there was short interest totalling 1,300 shares, an increase of 1,200.0% from the December 31st total of 100 shares. Based on an average daily volume of 24,300 shares, the days-to-cover ratio is presently 0.1 days.

Analyst Ratings Changes

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

Andritz Stock Down 1.9 %

OTCMKTS ADRZY traded down $0.22 on Tuesday, hitting $11.64. 1,183 shares of the stock traded hands, compared to its average volume of 7,746. The stock has a 50-day moving average of $10.54 and a 200 day moving average of $11.94. Andritz has a twelve month low of $9.35 and a twelve month high of $14.32. The company has a market capitalization of $6.05 billion, a P/E ratio of 10.68 and a beta of 0.91. The company has a current ratio of 1.16, a quick ratio of 0.89 and a debt-to-equity ratio of 0.24.

Andritz (OTCMKTS:ADRZY) last issued its earnings results on Thursday, October 31st. The company reported $0.26 EPS for the quarter. Andritz had a return on equity of 23.10% and a net margin of 5.90%. The company had revenue of $2.24 billion during the quarter. As a group, analysts expect that Andritz will post 1.13 earnings per share 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.