Short Interest in Aurubis AG (OTCMKTS:AIAGY) Rises By 58.2%

Aurubis AG (OTCMKTS:AIAGY) saw a significant increase in short interest in February. As of February 27th, there was short interest totaling 87 shares, an increase of 58.2% from the February 12th total of 55 shares. Based on an average daily volume of 390 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 390 shares, the days-to-cover ratio is presently 0.2 days.

Analyst Ratings Changes

A number of brokerages recently issued reports on AIAGY. Morgan Stanley reissued an “underweight” rating on shares of Aurubis in a report on Tuesday, February 3rd. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Aurubis in a research report on Friday, February 6th. One equities research 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, the stock has a consensus rating of “Reduce”.

Aurubis Price Performance

OTCMKTS:AIAGY opened at $92.93 on Friday. Aurubis has a 52-week low of $42.98 and a 52-week high of $103.49. The stock has a fifty day moving average of $91.99 and a 200 day moving average of $72.78.

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.