Alfa Laval Corporate AB (OTCMKTS:ALFVY) Short Interest Down 87.0% in January

Alfa Laval Corporate AB (OTCMKTS:ALFVY) was the target of a significant drop in short interest in the month of January. As of January 15th, there was short interest totalling 300 shares, a drop of 87.0% from the December 31st total of 2,300 shares. Based on an average daily volume of 63,400 shares, the days-to-cover ratio is presently 0.0 days.

Alfa Laval Corporate Price Performance

Shares of OTCMKTS:ALFVY traded up $0.67 during midday trading on Thursday, hitting $44.33. The company’s stock had a trading volume of 15,957 shares, compared to its average volume of 22,002. The business’s 50 day simple moving average is $42.89 and its 200 day simple moving average is $43.86. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.86 and a current ratio of 1.38. The company has a market cap of $18.32 billion, a P/E ratio of 28.06, a price-to-earnings-growth ratio of 2.05 and a beta of 1.42. Alfa Laval Corporate has a 12-month low of $34.99 and a 12-month high of $48.46.

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 research report on Wednesday, December 18th.

Alfa Laval Corporate Company Profile

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.