Short Interest in Aurubis AG (OTCMKTS:AIAGY) Expands By 7,250.0%

Aurubis AG (OTCMKTS:AIAGY) was the target of a significant increase in short interest in January. As of January 30th, there was short interest totaling 147 shares, an increase of 7,250.0% from the January 15th total of 2 shares. Based on an average daily volume of 315 shares, the short-interest ratio is presently 0.5 days. Based on an average daily volume of 315 shares, the short-interest ratio is presently 0.5 days.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on AIAGY shares. Morgan Stanley reaffirmed an “underweight” rating on shares of Aurubis in a report on Tuesday, February 3rd. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Aurubis in a research note on Friday. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Reduce”.

Aurubis Stock Performance

Shares of Aurubis stock remained flat at $100.75 on Tuesday. 17 shares of the company’s stock traded hands, compared to its average volume of 256. The firm has a 50 day moving average price of $76.11 and a 200-day moving average price of $65.67. Aurubis has a 52 week low of $42.98 and a 52 week high of $100.75.

About Aurubis

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.