Aurubis AG (OTCMKTS:AIAGY) Short Interest Update

Aurubis AG (OTCMKTS:AIAGY) was the target of a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 147 shares, a growth of 7,250.0% from the January 15th total of 2 shares. Based on an average daily volume of 315 shares, the short-interest ratio is currently 0.5 days. Based on an average daily volume of 315 shares, the short-interest ratio is currently 0.5 days.

Analysts Set New Price Targets

A number of research firms have commented on AIAGY. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Aurubis in a research report on Friday. Morgan Stanley reiterated an “underweight” rating on shares of Aurubis in a report on Tuesday, February 3rd. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce”.

Aurubis Stock Performance

Aurubis stock opened at $100.75 on Wednesday. Aurubis has a 52-week low of $42.98 and a 52-week high of $100.75. The stock’s 50 day moving average price is $76.91 and its two-hundred day moving average price is $65.97.

About Aurubis

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.