Alstom ADR (OTCMKTS:ALSMY – Get Free Report) saw a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 72,408 shares, a drop of 75.3% from the July 30th total of 292,846 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 1,101,472 shares, the short-interest ratio is currently 0.1 days.
Alstom Stock Down 1.0%
Shares of ALSMY opened at $1.89 on Friday. Alstom has a twelve month low of $1.65 and a twelve month high of $3.51. The company has a quick ratio of 0.73, a current ratio of 0.94 and a debt-to-equity ratio of 0.24. The stock’s fifty day simple moving average is $1.79 and its 200 day simple moving average is $2.22.
About Alstom
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.
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