Alfa Laval Corporate AB (OTCMKTS:ALFVY) Short Interest Up 77.1% in October

Alfa Laval Corporate AB (OTCMKTS:ALFVY) saw a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 6,200 shares, an increase of 77.1% from the October 15th total of 3,500 shares. Based on an average trading volume of 15,400 shares, the short-interest ratio is currently 0.4 days.

Alfa Laval Corporate Price Performance

ALFVY stock opened at $42.22 on Thursday. The firm has a 50 day moving average of $45.34 and a 200-day moving average of $44.59. Alfa Laval Corporate has a 12-month low of $34.87 and a 12-month high of $48.46. The company has a current ratio of 1.38, a quick ratio of 0.86 and a debt-to-equity ratio of 0.25. The company has a market cap of $17.45 billion, a price-to-earnings ratio of 26.80, a PEG ratio of 2.08 and a beta of 1.45.

Alfa Laval Corporate (OTCMKTS:ALFVY) last issued its quarterly earnings data on Thursday, October 24th. The company reported $0.46 earnings per share for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.04). Alfa Laval Corporate had a return on equity of 17.71% and a net margin of 10.39%. The business had revenue of $1.56 billion for the quarter, compared to analysts’ expectations of $1.74 billion. As a group, equities analysts expect that Alfa Laval Corporate will post 1.8 EPS for the current fiscal year.

About Alfa Laval Corporate

Alfa Laval Corporate AB provides heat transfer, separation, and fluid handling products and solutions worldwide. It operates in three divisions: Energy, Food & Water, and Marine. The company offers oil/gas-fired steam and composite steam boilers, exhaust gas economizer, and ballast water treatment systems, and exhaust gas cleaning products.