Short Interest in Alstom ADR (OTCMKTS:ALSMY) Rises By 1,413.0%

Alstom ADR (OTCMKTS:ALSMY) saw a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 1,118,709 shares, an increase of 1,413.0% from the April 15th total of 73,942 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 9,254,548 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analyst Weigh In

A number of analysts have issued reports on ALSMY shares. Kepler Capital Markets upgraded shares of Alstom from a “strong sell” rating to a “hold” rating in a report on Friday, April 10th. Citigroup reiterated a “buy” rating on shares of Alstom in a report on Friday, April 17th. Finally, Deutsche Bank Aktiengesellschaft downgraded shares of Alstom from a “buy” rating to a “hold” rating in a report on Friday, April 17th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Alstom presently has a consensus rating of “Hold”.

Alstom Trading Down 0.5%

OTCMKTS:ALSMY traded down $0.01 during trading hours on Monday, reaching $1.99. The stock had a trading volume of 1,290,662 shares, compared to its average volume of 3,374,070. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.74 and a current ratio of 0.97. Alstom has a 52 week low of $1.84 and a 52 week high of $3.51. The company has a 50 day moving average price of $2.51 and a two-hundred day moving average price of $2.75.

Alstom Company Profile

Alstom is a global leader in the transportation sector, specializing in the design, manufacture and delivery of rail infrastructure, rolling stock and signaling systems. The company’s portfolio includes high-speed trains, regional and commuter trains, metros, trams and e-buses, as well as digital mobility solutions for railway networks. In addition to new equipment, Alstom offers a comprehensive suite of services ranging from maintenance and modernization to spare parts management and on-site support.

Founded in France with roots tracing back to the early 20th century, Alstom has evolved through a series of mergers and acquisitions to become one of the world’s largest rail transport equipment suppliers.