Aurubis AG (OTCMKTS:AIAGY) Sees Significant Decrease in Short Interest

Aurubis AG (OTCMKTS:AIAGY) saw a large decrease in short interest in the month of January. As of January 15th, there was short interest totaling 2 shares, a decrease of 99.5% from the December 31st total of 414 shares. Based on an average trading volume of 34 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 34 shares, the short-interest ratio is presently 0.1 days.

Analyst Ratings Changes

A number of research firms recently commented on AIAGY. Morgan Stanley reiterated an “underweight” rating on shares of Aurubis in a research note on Tuesday, December 16th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Aurubis in a research report on Friday, January 16th. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Reduce”.

Aurubis Price Performance

Shares of OTCMKTS AIAGY traded up $7.41 during trading on Tuesday, hitting $92.81. The company had a trading volume of 248 shares, compared to its average volume of 224. Aurubis has a 52 week low of $42.98 and a 52 week high of $92.81. The business’s 50-day moving average is $69.53 and its 200 day moving average is $63.01.

Aurubis Company Profile

Aurubis AG, headquartered in Hamburg, Germany, is a leading integrated copper producer and recycler. Founded in 1866 as Norddeutsche Affinerie, the company has evolved into a global multi‐metal provider, focusing on the smelting, refining and recycling of copper concentrates and copper scrap. Aurubis serves as a key supplier of high‐purity copper products to industries such as electrical engineering, construction, automotive and electronics.

The company’s core activities encompass primary copper production from mined concentrates and secondary production from recycled materials.