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

Andritz AG (OTCMKTS:ADRZF) was the recipient of a large drop in short interest in June. As of June 30th, there was short interest totalling 10,800 shares, a drop of 92.4% from the June 15th total of 141,200 shares. Based on an average trading volume of 200 shares, the short-interest ratio is currently 54.0 days.

Andritz Price Performance

ADRZF stock opened at $61.03 on Friday. Andritz has a 1-year low of $45.60 and a 1-year high of $65.33. The stock has a 50-day moving average price of $59.52 and a 200-day moving average price of $58.96.

About Andritz

Andritz AG provides plants, equipment, and services for pulp and paper industry, metalworking and steel industries, hydropower stations, and solid/liquid separation in the municipal and industrial sectors in Europe, North America, South America, China, Asia, and internationally. It operates through four segments: Pulp & Paper, Metals, Hydro, and Separation.