Alfa Laval Corporate AB (OTCMKTS:ALFVY) Short Interest Down 62.0% in April

Alfa Laval Corporate AB (OTCMKTS:ALFVY) saw a large decrease in short interest during the month of April. As of April 15th, there was short interest totalling 3,800 shares, a decrease of 62.0% from the March 31st total of 10,000 shares. Based on an average daily trading volume, of 19,100 shares, the days-to-cover ratio is presently 0.2 days.

Alfa Laval Corporate Stock Up 2.8 %

ALFVY opened at $43.28 on Friday. Alfa Laval Corporate has a 1-year low of $30.44 and a 1-year high of $43.29. The stock’s fifty day simple moving average is $39.14 and its 200 day simple moving average is $37.12. The company has a current ratio of 1.28, a quick ratio of 0.78 and a debt-to-equity ratio of 0.26. The stock has a market cap of $17.89 billion, a PE ratio of 28.71, a price-to-earnings-growth ratio of 2.80 and a beta of 1.49.

Alfa Laval Corporate (OTCMKTS:ALFVY) last posted its quarterly earnings results on Thursday, April 25th. The company reported $0.39 earnings per share for the quarter, beating analysts’ consensus estimates of $0.37 by $0.02. The business had revenue of $1.43 billion for the quarter, compared to analysts’ expectations of $1.50 billion. Alfa Laval Corporate had a return on equity of 17.86% and a net margin of 10.11%. As a group, research analysts expect that Alfa Laval Corporate will post 1.63 earnings per share for the current year.

Alfa Laval Corporate Increases Dividend

The company also recently disclosed a dividend, which will be paid on Monday, May 20th. Shareholders of record on Monday, April 29th will be given a dividend of $0.7098 per share. This is a boost from Alfa Laval Corporate’s previous dividend of $0.43. The ex-dividend date is Friday, April 26th. Alfa Laval Corporate’s dividend payout ratio (DPR) is presently 29.53%.

About Alfa Laval Corporate

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.