Short Interest in Alstom SA (OTCMKTS:ALSMY) Grows By 363.7%

Alstom SA (OTCMKTS:ALSMY) was the target of a large increase in short interest during the month of June. As of June 15th, there was short interest totalling 1,061,500 shares, an increase of 363.7% from the May 31st total of 228,900 shares. Based on an average daily volume of 871,800 shares, the short-interest ratio is presently 1.2 days.

Alstom Price Performance

Shares of ALSMY opened at $1.65 on Friday. The business’s fifty day simple moving average is $1.86 and its two-hundred day simple moving average is $1.49. Alstom has a 12 month low of $1.10 and a 12 month high of $3.08. The company has a current ratio of 0.85, a quick ratio of 0.63 and a debt-to-equity ratio of 0.35.

Alstom Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, June 24th. Stockholders of record on Tuesday, June 18th were given a dividend of $0.0836 per share. This is a boost from Alstom’s previous dividend of $0.03. This represents a dividend yield of 4.59%. The ex-dividend date of this dividend was Monday, June 17th.

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.