Short Interest in Alstom ADR (OTCMKTS:ALSMY) Rises By 1,413.0%

Alstom ADR (OTCMKTS:ALSMY) was the recipient of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 1,118,709 shares, a growth of 1,413.0% from the April 15th total of 73,942 shares. Based on an average daily trading volume, of 9,254,548 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Analyst Ratings Changes

Several research analysts have recently commented on the company. Kepler Capital Markets raised Alstom from a “strong sell” rating to a “hold” rating in a research note on Friday, April 10th. Deutsche Bank Aktiengesellschaft downgraded shares of Alstom from a “buy” rating to a “hold” rating in a research report on Friday, April 17th. Finally, Citigroup restated a “buy” rating on shares of Alstom in a research report on Friday, April 17th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold”.

Alstom Stock Down 0.5%

ALSMY traded down $0.01 on Monday, hitting $1.99. 1,290,662 shares of the company’s stock traded hands, compared to its average volume of 3,374,070. The company’s 50 day simple moving average is $2.51 and its 200-day simple moving average is $2.75. Alstom has a one year low of $1.84 and a one year high of $3.51. The company has a quick ratio of 0.74, a current ratio of 0.97 and a debt-to-equity ratio of 0.31.

Alstom Company Profile

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.