Short Interest in Alstom SA (OTCMKTS:ALSMY) Decreases By 61.1%

Alstom SA (OTCMKTS:ALSMY - Get Free Report) was the target of a large drop in short interest in the month of May. As of May 31st, there was short interest totalling 97,200 shares, a drop of 61.1% from the May 15th total of 250,100 shares. Based on an average daily volume of 1,134,900 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Analysts Set New Price Targets

Several equities analysts recently issued reports on ALSMY shares. Citigroup cut shares of Alstom from a "strong-buy" rating to a "neutral" rating in a research note on Monday, March 10th. DZ Bank upgraded shares of Alstom from a "hold" rating to a "strong-buy" rating in a research report on Friday, May 16th.

Alstom Price Performance

ALSMY stock traded down $0.05 during mid-day trading on Friday, reaching $2.12. 407,332 shares of the company's stock were exchanged, compared to its average volume of 729,061. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.74 and a current ratio of 0.96. Alstom has a 12-month low of $1.60 and a 12-month high of $2.76. The stock's 50 day moving average is $2.19 and its 200 day moving average is $2.19.

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.