Is ANDRITZ AG GRAZ ORDINARY SHARES (OTCMKTS:ADRZF)’s Fuel Running High? Reports Show Less Sellers

April 17, 2018 - By Clifton Ray

The stock of ANDRITZ AG GRAZ ORDINARY SHARES (OTCMKTS:ADRZF) registered a decrease of 0.94% in short interest. ADRZF’s total short interest was 706,600 shares in April as published by FINRA. Its down 0.94% from 713,300 shares, reported previously. With 200 shares average volume, it will take short sellers 3533 days to cover their ADRZF’s short positions. The short interest to ANDRITZ AG GRAZ ORDINARY SHARES’s float is 1.02%.

It closed at $59.2 lastly. It is down 0.00% since April 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Andritz AG provides plants, equipment, and services for hydropower stations, pulp and paper industry, metalworking and steel industries, and solid/liquid separation in the municipal and industrial sectors. The company has market cap of $5.74 billion. It operates through four divisions: Hydro, Pulp & Paper, Metals, and Separation. It has a 18.66 P/E ratio. The Hydro segment supplies electromechanical equipment, such as turbines and generators; and pumps for water transport and irrigation of agricultural land, and applications in various industries, as well as turbogenerators for thermal power plants.

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