Aurubis AG (OTCMKTS:AIAGY) Short Interest Up 7,250.0% in January

Aurubis AG (OTCMKTS:AIAGY) was the target of a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 147 shares, an increase of 7,250.0% from the January 15th total of 2 shares. Based on an average daily trading volume, of 315 shares, the short-interest ratio is currently 0.5 days. Based on an average daily trading volume, of 315 shares, the short-interest ratio is currently 0.5 days.

Aurubis Price Performance

OTCMKTS AIAGY opened at $100.75 on Thursday. The business’s 50 day moving average price is $77.71 and its 200-day moving average price is $66.30. Aurubis has a fifty-two week low of $42.98 and a fifty-two week high of $100.75.

Wall Street Analyst Weigh In

AIAGY has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Aurubis in a research note on Friday, February 6th. Morgan Stanley reaffirmed an “underweight” rating on shares of Aurubis in a report on Tuesday, February 3rd. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Reduce”.

Aurubis Company Profile

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.