Alfa Laval Corporate AB (OTCMKTS:ALFVY) Sees Large Increase in Short Interest

Alfa Laval Corporate AB (OTCMKTS:ALFVYGet Free Report) was the recipient of 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 presently 0.1 days.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada upgraded shares of Alfa Laval Corporate from a “hold” rating to a “moderate buy” rating in a report on Wednesday, December 18th.

Check Out Our Latest Report on ALFVY

Alfa Laval Corporate Stock Performance

Shares of ALFVY opened at $43.66 on Wednesday. Alfa Laval Corporate has a 1 year low of $34.99 and a 1 year high of $48.46. The company’s 50 day simple moving average is $42.84 and its 200 day simple moving average is $43.86. The company has a market capitalization of $18.05 billion, a price-to-earnings ratio of 27.63, 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.

About Alfa Laval Corporate

(Get Free Report)

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.

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