Aurubis AG (OTCMKTS:AIAGY) Short Interest Update

Aurubis AG (OTCMKTS:AIAGY) was the target of a large decrease in short interest in the month of May. As of May 29th, there was short interest totaling 67 shares, a decrease of 53.1% from the May 14th total of 143 shares. Based on an average trading volume of 180 shares, the short-interest ratio is currently 0.4 days.

Aurubis Stock Performance

AIAGY stock opened at $111.95 on Monday. The business’s fifty day moving average price is $109.75 and its two-hundred day moving average price is $92.60. Aurubis has a fifty-two week low of $50.07 and a fifty-two week high of $128.53.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on AIAGY. Morgan Stanley upgraded Aurubis from an “underweight” rating to an “equal weight” rating in a research note on Wednesday, April 8th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Aurubis in a research report on Tuesday, May 12th. Two analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company currently has an average rating of “Hold”.

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.