Alstom SA (OTCMKTS:ALSMY) Short Interest Up 1,707.7% in March

Alstom SA (OTCMKTS:ALSMY) saw a large increase in short interest in March. As of March 15th, there was short interest totalling 117,500 shares, an increase of 1,707.7% from the February 28th total of 6,500 shares. Based on an average trading volume of 2,534,700 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Analysts Set New Price Targets

Several research firms have issued reports on ALSMY. Citigroup downgraded shares of Alstom from a “strong-buy” rating to a “neutral” rating in a report on Monday, March 10th. The Goldman Sachs Group lowered shares of Alstom from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 7th.

Alstom Stock Up 2.2 %

Shares of OTCMKTS:ALSMY opened at $2.30 on Friday. The business’s 50 day moving average price is $2.20 and its 200-day moving average price is $2.15. Alstom has a 1 year low of $1.42 and a 1 year high of $2.76. The company has a quick ratio of 0.74, a current ratio of 0.96 and a debt-to-equity ratio of 0.32.

About Alstom

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.