Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY) Stock Short Interest Report for October

Key Points

• Short interest surged 3,541.3% in October to 3,350 shares from 92 shares, though shorted shares still represent 0.0% of the company and only 0.1 days of trading volume to cover.
• ALFVY shares recently traded at $54.91, below their 50-day and 200-day moving averages, with a 52-week range of $44.78 to $62.95 and a market capitalization of $22.70 billion.
• Analyst sentiment is mixed: four analysts rate Alfa Laval a Buy, two Hold, and two Sell, resulting in an overall “Hold” consensus rating.

Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY - Get Free Report) saw a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 3,350 shares, a growth of 3,541.3% from the September 30th total of 92 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 31,366 shares, the days-to-cover ratio is presently 0.1 days.

Alfa Laval Price Performance

Shares of ALFVY stock traded up $0.60 on Monday, hitting $54.91. 49,329 shares of the stock traded hands, compared to its average volume of 19,122. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.12 and a quick ratio of 0.69. Alfa Laval has a 52 week low of $44.78 and a 52 week high of $62.95. The firm has a 50 day simple moving average of $57.34 and a two-hundred day simple moving average of $58.01. The firm has a market cap of $22.70 billion, a price-to-earnings ratio of 26.02, a PEG ratio of 3.80 and a beta of 1.12.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on ALFVY shares. Citigroup reiterated a "neutral" rating on shares of Alfa Laval in a research report on Friday, August 7th. Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of Alfa Laval in a research note on Wednesday, July 22nd. Zacks Research lowered Alfa Laval from a "hold" rating to a "strong sell" rating in a report on Tuesday, October 13th. Danske cut Alfa Laval to a "hold" rating in a research report on Tuesday, September 29th. Finally, Pareto Securities raised Alfa Laval from a "hold" rating to a "buy" rating in a research note on Wednesday, July 22nd. Four research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Alfa Laval currently has an average rating of "Hold".

About Alfa Laval

Alfa Laval AB is a Swedish industrial company that develops and supplies products and systems for heat transfer, separation and fluid handling. Its technologies are used to improve energy efficiency, manage industrial processes and support the treatment of liquids, gases and other materials.

The company's offerings include heat exchangers, centrifugal separators, pumps, valves, hygienic fluid-handling equipment, tank-cleaning systems and related process solutions. Alfa Laval serves customers in industries such as energy, food and beverage, pharmaceuticals, chemicals, wastewater treatment, marine transportation and other industrial markets.

Alfa Laval traces its origins to 1883, when Swedish engineer and inventor Gustaf de Laval founded the company that became associated with its separator technology.

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