Andritz (OTCMKTS:ADRZY) Short Interest Up 32.2% in February

Andritz (OTCMKTS:ADRZY) saw a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 448 shares, an increase of 32.2% from the January 29th total of 339 shares. Based on an average daily volume of 665 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 665 shares, the days-to-cover ratio is currently 0.7 days.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Andritz in a research note on Monday, February 9th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy”.

Andritz Stock Down 1.0%

Shares of OTCMKTS:ADRZY opened at $17.77 on Monday. The firm has a 50 day simple moving average of $16.96 and a 200-day simple moving average of $15.52. Andritz has a twelve month low of $10.79 and a twelve month high of $18.81. The company has a current ratio of 1.11, a quick ratio of 0.84 and a debt-to-equity ratio of 0.21. The company has a market capitalization of $9.24 billion, a PE ratio of 17.25 and a beta of 0.97.

About Andritz

Andritz AG is a global technology group based in Graz, Austria, with a history dating back to its founding in 1852. The company specializes in providing equipment, systems, and services for industrial processes across four key business areas: Hydropower, Pulp & Paper, Metals, and Separation. Through a combination of engineering expertise and in-house manufacturing, Andritz develops tailored solutions that meet the demands of energy efficiency, resource optimization, and environmental sustainability.

In its Hydropower division, Andritz designs and installs turbines, generators, and automation systems for run-of-river, reservoir and pumped storage plants.