Alstom SA (OTCMKTS:ALSMY) Sees Significant Growth in Short Interest

Alstom SA (OTCMKTS:ALSMY - Get Free Report) was the target of a significant increase in short interest during the month of May. As of May 15th, there was short interest totalling 250,100 shares, an increase of 2,304.8% from the April 30th total of 10,400 shares. Based on an average daily volume of 2,193,100 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Analyst Ratings Changes

Several research firms have commented on ALSMY. DZ Bank raised shares of Alstom from a "hold" rating to a "strong-buy" rating in a research note on Friday, May 16th. Citigroup downgraded shares of Alstom from a "strong-buy" rating to a "neutral" rating in a research note on Monday, March 10th.

Alstom Price Performance

Alstom stock traded down $0.06 during mid-day trading on Friday, reaching $2.21. The stock had a trading volume of 386,208 shares, compared to its average volume of 760,275. The company has a 50-day moving average price of $2.19 and a two-hundred day moving average price of $2.19. Alstom has a one year low of $1.60 and a one year high of $2.76. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.74 and a current ratio of 0.96.

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.