Alstom ADR (OTCMKTS:ALSMY) Short Interest Up 97.5% in June

Alstom ADR (OTCMKTS:ALSMY) was the recipient of a large increase in short interest in June. As of June 30th, there was short interest totaling 321,291 shares, an increase of 97.5% from the June 15th total of 162,699 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 5,350,261 shares, the short-interest ratio is currently 0.1 days.

Analysts Set New Price Targets

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

Alstom Trading Up 4.1%

OTCMKTS ALSMY opened at $1.75 on Thursday. Alstom has a twelve month low of $1.65 and a twelve month high of $3.51. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.94 and a quick ratio of 0.73. The company’s 50-day simple moving average is $1.85 and its 200 day simple moving average is $2.49.

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.