Short Interest in Alstom ADR (OTCMKTS:ALSMY) Increases By 28.8%

Alstom ADR (OTCMKTS:ALSMY) was the target of a large growth in short interest in January. As of January 30th, there was short interest totaling 477,536 shares, a growth of 28.8% from the January 15th total of 370,790 shares. Based on an average daily trading volume, of 805,410 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 805,410 shares, the days-to-cover ratio is presently 0.6 days.

Alstom Stock Performance

Shares of OTCMKTS:ALSMY opened at $3.37 on Monday. Alstom has a one year low of $1.80 and a one year high of $3.51. The stock has a fifty day moving average of $3.02 and a 200-day moving average of $2.67. The company has a current ratio of 0.97, a quick ratio of 0.74 and a debt-to-equity ratio of 0.31.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on ALSMY shares. Barclays reissued an “underweight” rating on shares of Alstom in a report on Wednesday, December 3rd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Alstom in a research note on Tuesday, January 6th. Citigroup raised shares of Alstom from a “neutral” rating to a “buy” rating in a research note on Friday, December 5th. Finally, Kepler Capital Markets lowered shares of Alstom from a “buy” rating to a “hold” rating in a research note on Monday, January 5th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Alstom presently has an average rating of “Moderate Buy”.

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.