Aurubis AG (OTCMKTS:AIAGY) Short Interest Update

Aurubis AG (OTCMKTS:AIAGY) was the target of a significant increase in short interest in April. As of April 30th, there was short interest totaling 233 shares, an increase of 417.8% from the April 15th total of 45 shares. Based on an average daily volume of 187 shares, the days-to-cover ratio is currently 1.2 days.

Aurubis Stock Performance

Shares of AIAGY opened at $114.81 on Thursday. The business’s 50-day moving average is $98.49 and its 200-day moving average is $84.22. Aurubis has a fifty-two week low of $50.07 and a fifty-two week high of $114.81.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on AIAGY shares. Morgan Stanley upgraded shares of Aurubis from an “underweight” rating to an “equal weight” rating in a research note on Wednesday, April 8th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Aurubis in a research report on Tuesday. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Aurubis currently has a consensus rating of “Hold”.

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.