Alstom SA (OTCMKTS:ALSMY) Short Interest Up 600.6% in December

Alstom SA (OTCMKTS:ALSMY) saw a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 119,100 shares, a growth of 600.6% from the December 15th total of 17,000 shares. Based on an average trading volume of 949,100 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analysts Forecast Growth

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

Alstom Stock Performance

Shares of ALSMY opened at $1.96 on Tuesday. The firm has a 50 day moving average price of $2.19 and a 200-day moving average price of $2.04. Alstom has a fifty-two week low of $1.13 and a fifty-two week high of $2.70.

Alstom Company Profile

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.