Alstom ADR (OTCMKTS:ALSMY) Sees Significant Increase in Short Interest

Alstom ADR (OTCMKTS:ALSMY) was the recipient of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 89,500 shares, an increase of 20.0% from the August 15th total of 74,600 shares. Based on an average daily volume of 665,200 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 665,200 shares, the days-to-cover ratio is currently 0.1 days.

Alstom Price Performance

Alstom stock opened at $2.46 on Friday. The company has a debt-to-equity ratio of 0.31, a current ratio of 0.97 and a quick ratio of 0.75. Alstom has a 12 month low of $1.80 and a 12 month high of $2.76. The business’s fifty day simple moving average is $2.38 and its two-hundred day simple moving average is $2.29.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Alstom in a research report on Thursday, July 24th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

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.