Aurubis AG (OTCMKTS:AIAGY) Short Interest Down 99.5% in January

Aurubis AG (OTCMKTS:AIAGY) saw a significant decline in short interest in January. As of January 15th, there was short interest totaling 2 shares, a decline of 99.5% from the December 31st total of 414 shares. Based on an average daily volume of 34 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 34 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on AIAGY. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Aurubis in a report on Friday, January 16th. Morgan Stanley reaffirmed an “underweight” rating on shares of Aurubis in a research note on Tuesday, December 16th. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Reduce”.

Aurubis Price Performance

Shares of OTCMKTS AIAGY opened at $92.81 on Wednesday. The stock has a 50 day moving average price of $69.53 and a 200 day moving average price of $63.01. Aurubis has a 52 week low of $42.98 and a 52 week high of $92.81.

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.