Alfa Laval Corporate AB (OTCMKTS:ALFVY) Short Interest Up 2,200.0% in January

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

Analyst Ratings Changes

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.

Alfa Laval Corporate Trading Up 1.5 %

Shares of ALFVY opened at $44.33 on Thursday. The firm has a market cap of $18.32 billion, a price-to-earnings ratio of 28.06, a PEG ratio of 2.05 and a beta of 1.42. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.86 and a current ratio of 1.38. Alfa Laval Corporate has a 52-week low of $34.99 and a 52-week high of $48.46. The business’s fifty day moving average is $42.86 and its 200-day moving average is $43.86.

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.