Alfa Laval Corporate AB (OTCMKTS:ALFVY) Short Interest Down 87.0% in January

Alfa Laval Corporate AB (OTCMKTS:ALFVY) was the target of a large decrease in short interest in January. As of January 15th, there was short interest totalling 300 shares, a decrease of 87.0% from the December 31st total of 2,300 shares. Based on an average daily volume of 63,400 shares, the days-to-cover ratio is presently 0.0 days.

Alfa Laval Corporate Stock Performance

OTCMKTS ALFVY traded down $0.33 on Friday, hitting $44.56. 15,898 shares of the stock were exchanged, compared to its average volume of 21,739. The business’s fifty day moving average is $42.96 and its 200 day moving average is $43.88. Alfa Laval Corporate has a 52 week low of $34.99 and a 52 week high of $48.46. The company has a market capitalization of $18.42 billion, a PE ratio of 28.20, a P/E/G ratio of 2.07 and a beta of 1.42. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.38 and a quick ratio of 0.86.

Analysts Set New Price Targets

Separately, Royal Bank of Canada upgraded 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.