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

Key Points

• Alstom ADR experienced a significant increase in short interest during August, rising by 20.0% to reach a total of 89,500 shares as of August 31st.
• The company's stock is currently trading flat at $2.46 with a short-interest ratio of 0.1 days, indicating low short-selling activity.
• Analysts have a mixed view on Alstom's stock, with an average rating of "Moderate Buy", including one Strong Buy, one Buy, one Hold, and one Sell rating.

Alstom ADR (OTCMKTS:ALSMY - Get Free Report) was the recipient of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 89,500 shares, a growth of 20.0% from the August 15th total of 74,600 shares. Based on an average trading volume of 665,200 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company's stock are sold short. Currently, 0.0% of the company's stock are sold short. Based on an average trading volume of 665,200 shares, the days-to-cover ratio is presently 0.1 days.

Alstom Trading Down 2.0%

OTCMKTS ALSMY traded down $0.05 during trading on Friday, hitting $2.42. The company's stock had a trading volume of 454,476 shares, compared to its average volume of 679,084. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.75 and a current ratio of 0.97. The firm has a 50 day moving average price of $2.38 and a 200 day moving average price of $2.29. Alstom has a 52 week low of $1.80 and a 52 week high of $2.76.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of Alstom in a research report on Thursday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Alstom presently has an average rating of "Moderate Buy".

About Alstom

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.