Aurubis AG (OTCMKTS:AIAGY) Short Interest Update

Aurubis AG (OTCMKTS:AIAGY) was the recipient of a large drop in short interest in the month of February. As of February 13th, there was short interest totaling 55 shares, a drop of 62.6% from the January 29th total of 147 shares. Based on an average trading volume of 212 shares, the short-interest ratio is currently 0.3 days. Based on an average trading volume of 212 shares, the short-interest ratio is currently 0.3 days.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on AIAGY. Morgan Stanley reaffirmed an “underweight” rating on shares of Aurubis in a report on Tuesday, February 3rd. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Aurubis in a research note on Friday, February 6th. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Aurubis currently has an average rating of “Reduce”.

Aurubis Stock Up 0.4%

Aurubis stock opened at $102.35 on Thursday. The company has a fifty day simple moving average of $86.00 and a 200-day simple moving average of $69.81. Aurubis has a 52-week low of $42.98 and a 52-week high of $103.49.

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.