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

Alstom SA (OTCMKTS:ALSMY) was the target of a large decline in short interest in the month of January. As of January 15th, there was short interest totalling 5,900 shares, a decline of 95.0% from the December 31st total of 119,100 shares. Based on an average daily trading volume, of 1,311,600 shares, the days-to-cover ratio is currently 0.0 days.

Analysts Set New Price Targets

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

Alstom Stock Performance

Shares of OTCMKTS:ALSMY traded down $0.03 during trading on Friday, hitting $1.92. 276,179 shares of the stock traded hands, compared to its average volume of 552,048. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.96 and a quick ratio of 0.74. The company has a fifty day moving average price of $2.14 and a two-hundred day moving average price of $2.06. Alstom has a 52-week low of $1.15 and a 52-week high of $2.70.

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.