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

Alstom SA (OTCMKTS:ALSMY - Get Free Report) was the recipient of a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 119,100 shares, an increase of 600.6% from the December 31st total of 17,000 shares. Based on an average daily trading volume, of 949,100 shares, the days-to-cover ratio is presently 0.1 days.

Analyst Ratings Changes

Separately, The Goldman Sachs Group lowered Alstom from a "hold" rating to a "strong sell" rating in a research note on Tuesday, January 7th.

Alstom Stock Performance

Shares of ALSMY traded down $0.03 during trading on Friday, reaching $1.92. 276,179 shares of the company traded hands, compared to its average volume of 584,489. The stock has a 50-day simple moving average of $2.14 and a 200-day simple moving average of $2.06. Alstom has a twelve month low of $1.15 and a twelve month high of $2.70. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.96 and a quick ratio of 0.74.

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.