Aurubis AG (OTCMKTS:AIAGY) Short Interest Up 473.3% in August

Aurubis AG (OTCMKTS:AIAGYGet Free Report) saw a large growth in short interest in August. As of August 14th, there was short interest totaling 86 shares, a growth of 473.3% from the July 30th total of 15 shares. Based on an average daily trading volume, of 363 shares, the short-interest ratio is presently 0.2 days.

Aurubis Stock Performance

OTCMKTS:AIAGY opened at $98.00 on Thursday. Aurubis has a 12 month low of $58.20 and a 12 month high of $128.53. The firm has a fifty day simple moving average of $102.36 and a 200-day simple moving average of $103.48.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Aurubis in a research note on Tuesday, May 12th. Two analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company presently has a consensus rating of “Hold”.

View Our Latest Report on AIAGY

About Aurubis

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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.

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