Andritz AG (OTCMKTS:ADRZF) Sees Large Increase in Short Interest

Andritz AG (OTCMKTS:ADRZFGet Free Report) was the recipient of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 7,508 shares, a growth of 180.4% from the August 15th total of 2,678 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Andritz Price Performance

Shares of OTCMKTS:ADRZF opened at $94.95 on Tuesday. The company’s fifty day moving average is $92.68 and its two-hundred day moving average is $86.16. Andritz has a 12-month low of $67.22 and a 12-month high of $94.95.

Andritz Company Profile

(Get Free Report)

Andritz AG is an international technology group headquartered in Graz, Austria, specializing in the supply of plants, equipment and services for a range of industries. The company’s core business activities encompass hydropower, pulp and paper, metals and solid/liquid separation. By providing tailored turnkey solutions and after‐sales support, Andritz serves customers seeking to optimize operational efficiency, reduce environmental impact and implement advanced automation and digitalization technologies.

In the hydropower sector, Andritz designs and manufactures turbine and generator systems, as well as related electrical and mechanical equipment, to meet the requirements of large and small hydroelectric power stations.

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