Short Interest in Alfa Laval Corporate AB (OTCMKTS:ALFVY) Increases By 1,500.0%

Alfa Laval Corporate AB (OTCMKTS:ALFVY) was the target of a large increase in short interest in the month of June. As of June 15th, there was short interest totalling 1,600 shares, an increase of 1,500.0% from the May 31st total of 100 shares. Based on an average daily trading volume, of 21,600 shares, the days-to-cover ratio is currently 0.1 days.

Alfa Laval Corporate Stock Down 0.2 %

ALFVY stock traded down $0.07 during trading on Thursday, reaching $44.33. 7,869 shares of the stock were exchanged, compared to its average volume of 10,748. The firm’s 50 day moving average is $44.24 and its 200 day moving average is $40.23. Alfa Laval Corporate has a twelve month low of $30.44 and a twelve month high of $46.96. The company has a current ratio of 1.36, a quick ratio of 0.87 and a debt-to-equity ratio of 0.26. The firm has a market cap of $18.32 billion, a P/E ratio of 29.75, a price-to-earnings-growth ratio of 2.68 and a beta of 1.45.

Alfa Laval Corporate (OTCMKTS:ALFVY) last posted its quarterly earnings results on Thursday, April 25th. The company reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.37 by $0.02. Alfa Laval Corporate had a return on equity of 17.36% and a net margin of 10.11%. The business had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.50 billion. As a group, research analysts forecast that Alfa Laval Corporate will post 1.74 EPS for the current year.

Alfa Laval Corporate Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, May 20th. Shareholders of record on Monday, April 29th were issued a dividend of $0.7098 per share. This is a positive change from Alfa Laval Corporate’s previous dividend of $0.43. The ex-dividend date of this dividend was Friday, April 26th. Alfa Laval Corporate’s payout ratio is currently 28.86%.

Alfa Laval Corporate Company Profile

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.