Short Interest in Alstom ADR (OTCMKTS:ALSMY) Grows By 114.7%

Alstom ADR (OTCMKTS:ALSMY) was the target of a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 366,209 shares, an increase of 114.7% from the November 30th total of 170,564 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 835,381 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily trading volume, of 835,381 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.0% of the shares of the stock are short sold.

Alstom Price Performance

ALSMY opened at $2.91 on Monday. Alstom has a twelve month low of $1.80 and a twelve month high of $2.94. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.75 and a current ratio of 0.97. The firm’s 50-day moving average price is $2.62 and its 200 day moving average price is $2.46.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the stock. Barclays reissued an “underweight” rating on shares of Alstom in a research note on Wednesday, December 3rd. Citigroup upgraded shares of Alstom from a “neutral” rating to a “buy” rating in a research report on Friday, December 5th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Alstom in a research report on Friday, November 14th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

About Alstom

Alstom is a global leader in the transportation sector, specializing in the design, manufacture and delivery of rail infrastructure, rolling stock and signaling systems. The company’s portfolio includes high-speed trains, regional and commuter trains, metros, trams and e-buses, as well as digital mobility solutions for railway networks. In addition to new equipment, Alstom offers a comprehensive suite of services ranging from maintenance and modernization to spare parts management and on-site support.

Founded in France with roots tracing back to the early 20th century, Alstom has evolved through a series of mergers and acquisitions to become one of the world’s largest rail transport equipment suppliers.