Aurubis AG (OTCMKTS:AIAGY) Short Interest Update

Aurubis AG (OTCMKTS:AIAGY) saw a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 87 shares, an increase of 58.2% from the February 12th total of 55 shares. Based on an average trading volume of 390 shares, the short-interest ratio is presently 0.2 days. Based on an average trading volume of 390 shares, the short-interest ratio is presently 0.2 days.

Analysts Set New Price Targets

AIAGY has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Aurubis in a report on Friday, February 6th. Morgan Stanley reaffirmed an “underweight” rating on shares of Aurubis in a research note on Tuesday, February 3rd. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Reduce”.

Aurubis Price Performance

Shares of OTCMKTS AIAGY opened at $92.93 on Friday. Aurubis has a twelve month low of $42.98 and a twelve month high of $103.49. The firm has a 50-day moving average of $92.37 and a two-hundred day moving average of $73.02.

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.