Alstom SA (OTCMKTS:ALSMY) Sees Large Increase in Short Interest

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

Analysts Set New Price Targets

Separately, The Goldman Sachs Group downgraded shares of Alstom from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 7th.

Alstom Stock Performance

Alstom stock opened at $1.94 on Wednesday. Alstom has a 1-year low of $1.15 and a 1-year high of $2.70. The firm’s fifty day simple moving average is $2.16 and its 200-day simple moving average is $2.06. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.74 and a current ratio of 0.96.

Alstom Company Profile

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.