Andritz (OTCMKTS:ADRZY) Sees Significant Growth in Short Interest

Andritz (OTCMKTS:ADRZY) was the recipient of a large increase in short interest during the month of February. As of February 13th, there was short interest totaling 448 shares, an increase of 32.2% from the January 29th total of 339 shares. Based on an average daily volume of 665 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.0% of the shares of the company are short sold. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 665 shares, the days-to-cover ratio is currently 0.7 days.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Andritz in a research report on Monday, February 9th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Andritz Stock Performance

Shares of ADRZY opened at $17.77 on Monday. The stock has a market capitalization of $9.24 billion, a P/E ratio of 17.25 and a beta of 0.97. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.84 and a current ratio of 1.11. Andritz has a 1 year low of $10.79 and a 1 year high of $18.81. The company’s fifty day moving average is $16.96 and its two-hundred day moving average is $15.52.

About Andritz

Andritz AG is a global technology group based in Graz, Austria, with a history dating back to its founding in 1852. The company specializes in providing equipment, systems, and services for industrial processes across four key business areas: Hydropower, Pulp & Paper, Metals, and Separation. Through a combination of engineering expertise and in-house manufacturing, Andritz develops tailored solutions that meet the demands of energy efficiency, resource optimization, and environmental sustainability.

In its Hydropower division, Andritz designs and installs turbines, generators, and automation systems for run-of-river, reservoir and pumped storage plants.