Short Interest in Andritz (OTCMKTS:ADRZY) Drops By 52.6%

Andritz (OTCMKTS:ADRZY) was the recipient of a large drop in short interest during the month of January. As of January 15th, there was short interest totaling 117 shares, a drop of 52.6% from the December 31st total of 247 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 659 shares, the days-to-cover ratio is presently 0.2 days. Based on an average trading volume of 659 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are sold short.

Andritz Stock Performance

ADRZY opened at $17.50 on Thursday. The company has a current ratio of 1.11, a quick ratio of 0.84 and a debt-to-equity ratio of 0.21. The company’s 50 day moving average is $15.75 and its 200 day moving average is $15.09. The company has a market cap of $9.10 billion, a price-to-earnings ratio of 16.99 and a beta of 0.93. Andritz has a 12-month low of $10.79 and a 12-month high of $17.50.

Andritz (OTCMKTS:ADRZY) last announced its quarterly earnings data on Thursday, October 30th. The company reported $0.27 EPS for the quarter, meeting the consensus estimate of $0.27. The business had revenue of $2.20 billion for the quarter, compared to the consensus estimate of $2.24 billion. Andritz had a return on equity of 20.50% and a net margin of 5.84%. On average, equities research analysts predict that Andritz will post 1.1 EPS for the current year.

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.