Alfa Laval Corporate AB (OTCMKTS:ALFVY) Sees Large Increase in Short Interest

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

Alfa Laval Corporate Trading Up 0.3 %

OTCMKTS:ALFVY opened at $43.68 on Friday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.87 and a current ratio of 1.36. Alfa Laval Corporate has a one year low of $30.44 and a one year high of $46.96. The business’s 50-day simple moving average is $44.45 and its 200 day simple moving average is $40.30. The stock has a market cap of $18.05 billion, a price-to-earnings ratio of 29.31, a price-to-earnings-growth ratio of 2.68 and a beta of 1.45.

Alfa Laval Corporate (OTCMKTS:ALFVY) last released its quarterly earnings results on Thursday, April 25th. The company reported $0.39 EPS for the quarter, topping the consensus estimate 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 analysts’ expectations of $1.50 billion. As a group, sell-side analysts predict that Alfa Laval Corporate will post 1.74 earnings per share for the current fiscal year.

Alfa Laval Corporate Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, May 20th. Investors of record on Monday, April 29th were paid a $0.7098 dividend. This is a boost from Alfa Laval Corporate’s previous dividend of $0.43. The ex-dividend date was Friday, April 26th. Alfa Laval Corporate’s payout ratio is 28.86%.

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.