Aurubis (OTC:AIAGY) Stock, Quote.Headers.trade-ideas

Aurubis AG produces copper, using raw materials which include copper concentrates and recycling materials. The company also produces precious metals such as gold and silver and a range of other products, including sulfuric acid and iron silicate, as byproducts of copper production. Revenue is predominantly generated through the sale of continuous cast wire rods, copper cathodes, precious metals and continuous cast shapes, used in the manufacture of cables and wires which are used in electrical applications. It has two segments Multimetal Recycling and Custom Smelting & Products which is the key revenue generating segment. The company is based in Germany and has production sites across Europe and the United States.

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Total short-selling activity in Hong Kong Monday stood at HK$14.3 billion ($1.8 billion), or 22.9% of all shares traded.

Short-selling can cause a rout in stocks but it can also make for sharp upswings when speculators are forced to cover their short positions by buying the stock back in the event of a sudden (a “short-squeeze”).

Monday&#39;s Top 3 Short Trades In Hong Kong - And What Traders Say About The Squeeze

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