Alstom SA (OTCMKTS:ALSMY) Sees Large Increase in Short Interest

Alstom SA (OTCMKTS:ALSMY) saw 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 short-interest ratio is currently 0.1 days.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group lowered shares of Alstom from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 7th.

Alstom Price Performance

Shares of ALSMY stock opened at $2.01 on Wednesday. Alstom has a twelve month low of $1.13 and a twelve month high of $2.70. The firm has a 50-day moving average price of $2.19 and a 200 day moving average price of $2.04.

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.