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

Alfa Laval Corporate AB (OTCMKTS:ALFVY) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 2,300 shares, a growth of 2,200.0% from the December 31st total of 100 shares. Based on an average trading volume of 41,300 shares, the days-to-cover ratio is presently 0.1 days.

Alfa Laval Corporate Trading Down 0.8 %

Shares of ALFVY stock opened at $43.66 on Wednesday. The company has a quick ratio of 0.86, a current ratio of 1.38 and a debt-to-equity ratio of 0.25. Alfa Laval Corporate has a fifty-two week low of $34.99 and a fifty-two week high of $48.46. The firm’s 50 day moving average price is $42.84 and its two-hundred day moving average price is $43.86. The stock has a market cap of $18.05 billion, a price-to-earnings ratio of 27.63, a price-to-earnings-growth ratio of 2.05 and a beta of 1.42.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada upgraded Alfa Laval Corporate from a “hold” rating to a “moderate buy” rating in a research note on Wednesday, December 18th.

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.