Alstom SA (OTCMKTS:ALSMY) Sees Large Increase in Short Interest

Alstom SA (OTCMKTS:ALSMY) saw a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 119,100 shares, a growth of 600.6% from the December 31st total of 17,000 shares. Based on an average trading volume of 949,100 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Ratings Changes

Separately, The Goldman Sachs Group cut Alstom from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 7th.

Alstom Stock Down 2.0 %

Shares of Alstom stock traded down $0.04 during trading on Tuesday, hitting $1.94. 575,183 shares of the company’s stock traded hands, compared to its average volume of 625,417. The firm’s fifty day moving average price is $2.16 and its 200 day moving average price is $2.06. Alstom has a twelve month low of $1.15 and a twelve month high of $2.70. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.96 and a quick ratio of 0.74.

Alstom Company Profile

Alstom SA provides solutions for rail transport industry in Europe, the Americas, Asia and Pacific, the Middle East, Central Asia, and Africa. The company offers rolling stock solutions comprising people movers and monorails, light rails, metros, commuter trains, regional trains, high-speed trains, and locomotives; asset optimization, cybersecurity, connectivity, digital passenger, and security and city mobility solutions; and signaling products, such as urban, mainline, and freight and mining signaling.