Alfa Laval Corporate AB (OTCMKTS:ALFVY) Sees Significant Increase in Short Interest

Alfa Laval Corporate AB (OTCMKTS:ALFVY - Get Free Report) was the recipient of a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 6,200 shares, an increase of 77.1% from the October 15th total of 3,500 shares. Based on an average daily volume of 15,400 shares, the short-interest ratio is currently 0.4 days.

Alfa Laval Corporate Stock Performance

Shares of ALFVY traded down $0.12 during mid-day trading on Wednesday, hitting $42.22. 62,529 shares of the company's stock were exchanged, compared to its average volume of 12,045. The company has a quick ratio of 0.86, a current ratio of 1.38 and a debt-to-equity ratio of 0.25. Alfa Laval Corporate has a 52 week low of $34.87 and a 52 week high of $48.46. The stock's 50-day simple moving average is $45.34 and its 200-day simple moving average is $44.59. The firm has a market cap of $17.45 billion, a price-to-earnings ratio of 26.80, a price-to-earnings-growth ratio of 2.08 and a beta of 1.45.

Alfa Laval Corporate (OTCMKTS:ALFVY - Get Free Report) last announced its quarterly earnings data on Thursday, October 24th. The company reported $0.46 earnings per share for the quarter, missing the consensus estimate of $0.50 by ($0.04). The company had revenue of $1.56 billion during the quarter, compared to analyst estimates of $1.74 billion. Alfa Laval Corporate had a net margin of 10.39% and a return on equity of 17.71%. On average, equities research analysts expect that Alfa Laval Corporate will post 1.8 EPS for the current year.

Alfa Laval Corporate Company Profile

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.