Alstom SA (OTCMKTS:ALSMY) Sees Significant Growth in Short Interest

Alstom SA (OTCMKTS:ALSMY) was the recipient of a significant growth in short interest in the month of January. As of January 31st, there was short interest totalling 13,600 shares, a growth of 130.5% from the January 15th total of 5,900 shares. Based on an average daily volume of 1,019,300 shares, the days-to-cover ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group downgraded shares of Alstom from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 7th.

Alstom Price Performance

Shares of OTCMKTS:ALSMY opened at $2.11 on Thursday. The firm’s 50 day simple moving average is $2.12 and its 200-day simple moving average is $2.06. The company has a quick ratio of 0.74, a current ratio of 0.96 and a debt-to-equity ratio of 0.32. Alstom has a one year low of $1.15 and a one year high of $2.70.

About Alstom

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.