Aurubis AG (OTCMKTS:AIAGY) Short Interest Down 99.5% in January

Aurubis AG (OTCMKTS:AIAGY) was the target of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totaling 2 shares, a decrease of 99.5% from the December 31st total of 414 shares. Based on an average daily volume of 34 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 34 shares, the days-to-cover ratio is presently 0.1 days.

Aurubis Stock Performance

OTCMKTS:AIAGY opened at $92.81 on Thursday. Aurubis has a 12-month low of $42.98 and a 12-month high of $92.81. The stock’s fifty day simple moving average is $70.11 and its 200-day simple moving average is $63.26.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on AIAGY shares. Morgan Stanley reissued an “underweight” rating on shares of Aurubis in a research note on Tuesday, December 16th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Aurubis in a report on Friday, January 16th. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Aurubis has a consensus rating of “Reduce”.

About Aurubis

Aurubis AG, headquartered in Hamburg, Germany, is a leading integrated copper producer and recycler. Founded in 1866 as Norddeutsche Affinerie, the company has evolved into a global multi‐metal provider, focusing on the smelting, refining and recycling of copper concentrates and copper scrap. Aurubis serves as a key supplier of high‐purity copper products to industries such as electrical engineering, construction, automotive and electronics.

The company’s core activities encompass primary copper production from mined concentrates and secondary production from recycled materials.