Alfa Laval Corporate AB (OTCMKTS:ALFVF) Sees Large Increase in Short Interest

Alfa Laval Corporate AB (OTCMKTS:ALFVF) was the target of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 315,738 shares, a growth of 73.8% from the May 31st total of 181,656 shares. Based on an average daily trading volume, of 95 shares, the days-to-cover ratio is presently 3,323.6 days.

Alfa Laval Corporate Price Performance

Alfa Laval Corporate stock opened at $58.25 on Thursday. The business’s fifty day simple moving average is $58.49 and its two-hundred day simple moving average is $56.29. Alfa Laval Corporate has a 12 month low of $46.50 and a 12 month high of $59.00.

About Alfa Laval Corporate

Alfa Laval Corporate (OTCMKTS:ALFVF) is a Swedish engineering company specializing in heat transfer, separation and fluid handling technologies. Its products and solutions are used to improve energy efficiency, enhance food safety and support environmentally sustainable operations. Alfa Laval serves customers across a broad range of industries, including oil and gas, chemical processing, power generation, marine transportation and food and beverage production.

The company traces its roots to the late 19th century, when Swedish engineer Gustaf de Laval invented a centrifugal milk-separator in 1883.