Andritz AG (OTCMKTS:ADRZY) Short Interest Up 125.0% in April

Andritz AG (OTCMKTS:ADRZY - Get Free Report) was the recipient of a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 2,700 shares, an increase of 125.0% from the March 31st total of 1,200 shares. Approximately 0.0% of the company's shares are short sold. Based on an average daily trading volume, of 2,600 shares, the short-interest ratio is currently 1.0 days.

Andritz Stock Up 6.1 %

Shares of ADRZY stock traded up $0.83 on Thursday, hitting $14.40. The stock had a trading volume of 4,753 shares, compared to its average volume of 8,660. The firm has a market capitalization of $7.49 billion, a price-to-earnings ratio of 13.21 and a beta of 0.88. The stock's 50 day moving average is $12.33 and its 200-day moving average is $11.61. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.89 and a current ratio of 1.16. Andritz has a 52-week low of $9.35 and a 52-week high of $14.62.

Andritz (OTCMKTS:ADRZY - Get Free Report) last announced its earnings results on Wednesday, April 30th. The company reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.22 by ($0.03). The firm had revenue of $2 billion during the quarter, compared to analysts' expectations of $1.80 billion. Andritz had a net margin of 5.90% and a return on equity of 23.10%. As a group, research analysts expect that Andritz will post 1.1 earnings per share for the current year.

Andritz Increases Dividend

The business also recently declared a dividend, which was paid on Monday, April 21st. Investors of record on Tuesday, April 1st were issued a $0.5645 dividend. The ex-dividend date of this dividend was Tuesday, April 1st. This is a boost from Andritz's previous dividend of $0.35. Andritz's dividend payout ratio is currently 31.48%.

Analysts Set New Price Targets

Separately, BNP Paribas raised Andritz from a "hold" rating to an "outperform" rating in a research note on Thursday, April 3rd.

Andritz Company Profile

Andritz AG provides plants, equipment, and services for pulp and paper industry, metalworking and steel industries, hydropower stations, and solid/liquid separation in the municipal and industrial sectors in Europe, North America, South America, China, Asia, and internationally. It operates through four segments: Pulp & Paper, Metals, Hydro, and Separation.