Alstom ADR (OTCMKTS:ALSMY) Short Interest Down 55.4% in August

Key Points

• Alstom ADR experienced a **55.4% decrease** in short interest from July to August, dropping from **167,300 shares to 74,600 shares**.
• Current trading data indicates Alstom's shares are down **0.4%** at **$2.23**, with a one-year low of **$1.70** and a high of **$2.76**.
• Analysts are optimistic about Alstom, with ratings including one **Strong Buy**, one **Buy**, as well as an average rating of **"Moderate Buy"** from recent evaluations.

Alstom ADR (OTCMKTS:ALSMY - Get Free Report) saw a significant decline in short interest during the month of August. As of August 15th, there was short interest totaling 74,600 shares, adeclineof55.4% from the July 31st total of 167,300 shares. Based on an average daily volume of 1,131,800 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 1,131,800 shares, the days-to-cover ratio is currently 0.1 days.

Alstom Stock Performance

ALSMY traded up $0.01 during trading on Friday, reaching $2.30. 221,155 shares of the stock traded hands, compared to its average volume of 429,999. 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 stock's 50-day moving average is $2.36 and its 200 day moving average is $2.27. Alstom has a 12 month low of $1.70 and a 12 month high of $2.76.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of Alstom in a research note on Thursday, July 24th. DZ Bank raised shares of Alstom from a "hold" rating to a "strong-buy" rating in a research note on Friday, May 16th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Alstom has an average 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.