Short Interest in Alstom SA (OTCMKTS:ALSMY) Grows By 600.6%

Alstom SA (OTCMKTS:ALSMYGet 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

OTCMKTS:ALSMY opened at $1.96 on Tuesday. Alstom has a 52-week low of $1.13 and a 52-week high of $2.70. The stock has a fifty day moving average of $2.19 and a 200 day moving average of $2.04.

About Alstom

(Get Free Report)

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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