Andritz AG (OTCMKTS:ADRZY) Sees Significant Growth in Short Interest

Andritz AG (OTCMKTS:ADRZY - Get Free Report) saw a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 2,100 shares, an increase of 133.3% from the February 28th total of 900 shares. Based on an average daily volume of 1,700 shares, the short-interest ratio is presently 1.2 days. Currently, 0.0% of the shares of the company are short sold.

Analyst Upgrades and Downgrades

Separately, Barclays downgraded Andritz from a "hold" rating to a "strong sell" rating in a research note on Wednesday, December 4th.

Andritz Stock Performance

Shares of ADRZY stock traded down $0.32 on Monday, hitting $12.05. The company's stock had a trading volume of 1,520 shares, compared to its average volume of 10,899. 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 fifty-two week low of $9.35 and a fifty-two week high of $14.32. The company has a market capitalization of $6.27 billion, a PE ratio of 11.06 and a beta of 0.97. The stock's 50 day moving average is $11.98 and its 200-day moving average is $11.85.

Andritz (OTCMKTS:ADRZY - Get Free Report) last posted its quarterly earnings results on Thursday, March 6th. The company reported $0.33 EPS for the quarter. Andritz had a return on equity of 23.10% and a net margin of 5.90%. The company had revenue of $2.44 billion for the quarter, compared to analysts' expectations of $2.34 billion. Equities research analysts expect that Andritz will post 1.1 earnings per share for the current fiscal year.

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Andritz Increases Dividend

The business also recently announced a dividend, which will be paid on Monday, April 21st. Investors of record on Tuesday, April 1st will be paid a dividend of $0.5645 per share. This is a boost from Andritz's previous dividend of $0.35. The ex-dividend date of this dividend is Tuesday, April 1st. Andritz's dividend payout ratio (DPR) is presently 30.56%.

About Andritz

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.