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

Alfa Laval Corporate AB (OTCMKTS:ALFVY) saw a large increase in short interest in the month of January. As of January 31st, there was short interest totalling 2,500 shares, an increase of 733.3% from the January 15th total of 300 shares. Based on an average daily trading volume, of 30,500 shares, the short-interest ratio is currently 0.1 days.

Alfa Laval Corporate Price Performance

OTCMKTS:ALFVY traded up $0.01 during trading hours on Wednesday, hitting $42.82. The stock had a trading volume of 12,165 shares, compared to its average volume of 16,869. The company has a 50 day simple moving average of $42.97 and a two-hundred day simple moving average of $43.87. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.38 and a quick ratio of 0.86. Alfa Laval Corporate has a one year low of $35.42 and a one year high of $48.46. The firm has a market capitalization of $17.70 billion, a price-to-earnings ratio of 25.34, a P/E/G ratio of 2.00 and a beta of 1.42.

Alfa Laval Corporate (OTCMKTS:ALFVY) last announced its quarterly earnings results on Wednesday, February 5th. The company reported $0.46 EPS for the quarter, missing the consensus estimate of $0.52 by ($0.06). Alfa Laval Corporate had a net margin of 11.07% and a return on equity of 18.64%. Research analysts forecast that Alfa Laval Corporate will post 1.86 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada raised shares of Alfa Laval Corporate from a “hold” rating to a “moderate buy” rating in a report 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.