Short Interest in Alstom SA (OTCMKTS:ALSMY) Declines By 73.5%

Alstom SA (OTCMKTS:ALSMY) saw a large 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 short-interest ratio is presently 0.0 days.

Alstom Price Performance

ALSMY traded down $0.02 during trading on Friday, hitting $2.10. 458,132 shares of the stock were exchanged, compared to its average volume of 505,072. Alstom has a 1 year low of $1.20 and a 1 year high of $2.70. The firm has a 50 day simple moving average of $2.08 and a 200 day simple moving average of $2.08. The company has a current ratio of 0.96, a quick ratio of 0.74 and a debt-to-equity ratio of 0.32.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group lowered shares of 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.