Alfa Laval Corporate AB (OTCMKTS:ALFVY) Sees Large Growth in Short Interest

Alfa Laval Corporate AB (OTCMKTS:ALFVY - Get Free Report) was the target of a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 2,300 shares, a growth of 2,200.0% from the December 31st total of 100 shares. Based on an average daily volume of 41,300 shares, the short-interest ratio is currently 0.1 days.

Alfa Laval Corporate Stock Up 1.2 %

Shares of OTCMKTS:ALFVY traded up $0.55 during mid-day trading on Friday, hitting $44.88. 7,954 shares of the company traded hands, compared to its average volume of 21,739. The stock has a market cap of $18.55 billion, a P/E ratio of 28.41, a P/E/G ratio of 2.07 and a beta of 1.42. The company has a current ratio of 1.38, a quick ratio of 0.86 and a debt-to-equity ratio of 0.25. Alfa Laval Corporate has a 12-month low of $34.99 and a 12-month high of $48.46. The stock has a 50-day moving average price of $42.93 and a two-hundred day moving average price of $43.87.

Analysts Set New Price Targets

Separately, Royal Bank of Canada raised Alfa Laval Corporate from a "hold" rating to a "moderate buy" rating in a research note on Wednesday, December 18th.

About Alfa Laval Corporate

Alfa Laval Corporate AB provides heat transfer, separation, and fluid handling products and solutions worldwide. It operates in three divisions: Energy, Food & Water, and Marine. The company offers oil/gas-fired steam and composite steam boilers, exhaust gas economizer, and ballast water treatment systems, and exhaust gas cleaning products.