Alstom SA (OTCMKTS:ALSMY – Get Free Report) was the recipient of a significant increase in short interest in December. As of December 31st, there was short interest totalling 119,100 shares, an increase of 600.6% from the December 15th total of 17,000 shares. Based on an average daily trading volume, of 949,100 shares, the days-to-cover ratio is currently 0.1 days.
Wall Street Analyst Weigh In
Separately, The Goldman Sachs Group cut shares of Alstom from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 7th.
View Our Latest Analysis on Alstom
Alstom Price Performance
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.
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