Andritz (OTCMKTS:ADRZY) Short Interest Up 129.0% in August

Key Points

• Andritz’s short interest rose 129% in August to 71 shares from 31 shares, though only 0.0% of shares are sold short and the days-to-cover ratio is 0.3.
• Analyst sentiment remains favorable, with one Buy and one Hold rating producing a consensus “Moderate Buy” view.
• The stock opened at $19.63, near its 52-week high of $20.33. In its latest quarter, Andritz narrowly missed EPS estimates at $0.26 but exceeded revenue expectations with $2.36 billion.

Andritz (OTCMKTS:ADRZY - Get Free Report) saw a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 71 shares, an increase of 129.0% from the July 30th total of 31 shares. Based on an average trading volume of 248 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the shares of the company are sold short.

Analysts Set New Price Targets

Several analysts recently weighed in on ADRZY shares. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Andritz in a research report on Thursday, May 14th. Zacks Research upgraded shares of Andritz from a "strong sell" rating to a "hold" rating in a research report on Tuesday, July 7th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy".

Andritz Stock Performance

Shares of ADRZY stock opened at $19.63 on Friday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.84 and a current ratio of 1.08. Andritz has a 1 year low of $13.59 and a 1 year high of $20.33. The stock has a fifty day moving average of $18.16 and a two-hundred day moving average of $17.30. The firm has a market capitalization of $10.21 billion, a PE ratio of 17.53 and a beta of 1.14.

Andritz (OTCMKTS:ADRZY - Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The company reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by ($0.01). Andritz had a return on equity of 19.95% and a net margin of 5.77%.The business had revenue of $2.36 billion during the quarter, compared to the consensus estimate of $2.23 billion. As a group, research analysts expect that Andritz will post 1.23 EPS for the current year.

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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