Short Interest in Andritz AG (OTCMKTS:ADRZF) Declines By 19.3%

Andritz AG (OTCMKTS:ADRZFGet Rating) saw a large decline in short interest in March. As of March 31st, there was short interest totalling 348,500 shares, a decline of 19.3% from the March 15th total of 431,700 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

OTCMKTS:ADRZF opened at $43.39 on Tuesday. The firm’s fifty day moving average is $48.75 and its 200-day moving average is $50.72. Andritz has a 52 week low of $43.39 and a 52 week high of $43.39.

About Andritz (Get Rating)

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. It operates through four segments: Pulp & Paper, Metals, Hydro, and Separation. The Pulp & Paper segment supplies technology, automation, and service solutions to produce pulp, paper, board, and tissue; boilers for power generation; flue gas cleaning systems; plants to produce nonwovens and panelboards; and recycling and shredding solutions for various waste materials.

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