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

Alstom SA (OTCMKTS:ALSMY) was the target of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 117,500 shares, a growth of 1,707.7% from the February 28th total of 6,500 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 2,534,700 shares, the short-interest ratio is currently 0.0 days.

Alstom Stock Performance

Alstom stock opened at $2.25 on Thursday. Alstom has a 52-week low of $1.41 and a 52-week 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. The firm’s fifty day moving average is $2.20 and its 200 day moving average is $2.15.

Analyst Upgrades and Downgrades

ALSMY has been the topic of several research reports. Citigroup cut Alstom from a “strong-buy” rating to a “neutral” rating in a report on Monday, March 10th. The Goldman Sachs Group downgraded Alstom from a “hold” rating to a “strong sell” rating in a research note 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.