Alstom SA (OTCMKTS:ALSMY) Short Interest Down 73.5% in February

Alstom SA (OTCMKTS:ALSMY) saw a significant drop in short interest in the month of February. As of February 15th, there was short interest totalling 3,600 shares, a drop of 73.5% from the January 31st total of 13,600 shares. Based on an average daily trading volume, of 936,200 shares, the days-to-cover ratio is presently 0.0 days.

Alstom Stock Down 0.9 %

ALSMY stock traded down $0.02 during trading on Friday, reaching $2.10. 458,132 shares of the company traded hands, compared to its average volume of 505,072. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.96 and a quick ratio of 0.74. The business has a 50 day simple moving average of $2.08 and a 200 day simple moving average of $2.08. Alstom has a 12 month low of $1.20 and a 12 month high of $2.70.

Analysts Set New Price Targets

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

Alstom Company Profile

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.