Alstom SA (OTCMKTS:ALSMY) Short Interest Update

Alstom SA (OTCMKTS:ALSMY) was the recipient of a significant drop in short interest in January. As of January 15th, there was short interest totalling 5,900 shares, a drop of 95.0% from the December 31st total of 119,100 shares. Based on an average trading volume of 1,311,600 shares, the days-to-cover ratio is currently 0.0 days.

Wall Street Analyst Weigh In

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

Alstom Price Performance

Shares of Alstom stock traded up $0.02 during midday trading on Thursday, hitting $1.96. The company had a trading volume of 413,583 shares, compared to its average volume of 500,115. The business’s 50 day simple moving average is $2.15 and its two-hundred day simple moving average is $2.06. The company has a current ratio of 0.96, a quick ratio of 0.74 and a debt-to-equity ratio of 0.32. Alstom has a 1-year low of $1.15 and a 1-year high of $2.70.

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.