Andritz (OTCMKTS:ADRZY) Short Interest Update

Key Points

• Short interest surged 857.6% to 2,892 shares as of April 15 (up from 302 on March 31), though short interest still represents roughly 0.0% of shares and the days-to-cover is only 0.4 days.
• ADRZY fell 2.6% to $15.93 on Friday with above-average volume; the stock has a market cap of $8.28 billion, a P/E of 14.89, and a 52-week range of $12.95–$18.81.
• Analysts are bullish with a consensus "Strong Buy" after recent upgrades, despite a slight Q1 miss (EPS $0.37 vs. $0.38 expected; revenue $2.78B vs. $2.79B) and an expected full-year EPS of about 1.56.

Andritz (OTCMKTS:ADRZY - Get Free Report) was the target of a large increase in short interest during the month of April. As of April 15th, there was short interest totaling 2,892 shares, an increase of 857.6% from the March 31st total of 302 shares. Approximately 0.0% of the company's shares are sold short. Based on an average daily trading volume, of 7,063 shares, the days-to-cover ratio is currently 0.4 days.

Andritz Trading Down 2.6%

Shares of ADRZY stock traded down $0.42 during trading hours on Friday, hitting $15.93. 2,720 shares of the company were exchanged, compared to its average volume of 1,891. The firm has a market cap of $8.28 billion, a P/E ratio of 14.89 and a beta of 1.09. Andritz has a fifty-two week low of $12.95 and a fifty-two week high of $18.81. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.88 and a current ratio of 1.13. The company has a 50 day simple moving average of $16.15 and a two-hundred day simple moving average of $15.83.

Andritz (OTCMKTS:ADRZY - Get Free Report) last announced its quarterly earnings data on Thursday, March 5th. The company reported $0.37 EPS for the quarter, missing the consensus estimate of $0.38 by ($0.01). The company had revenue of $2.78 billion for the quarter, compared to analyst estimates of $2.79 billion. Andritz had a return on equity of 20.46% and a net margin of 5.81%. Equities analysts anticipate that Andritz will post 1.56 EPS for the current year.

Analyst Upgrades and Downgrades

ADRZY has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of Andritz in a research report on Tuesday, April 14th. Zacks Research raised shares of Andritz from a "strong sell" rating to a "strong-buy" rating in a research report on Monday, April 13th. One analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Strong Buy".

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.

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