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

Alfa Laval Corporate AB (OTCMKTS:ALFVY) was the recipient of a significant decrease in short interest during the month of 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 trading volume, of 63,400 shares, the days-to-cover ratio is currently 0.0 days.

Alfa Laval Corporate Stock Performance

Shares of Alfa Laval Corporate stock traded up $0.67 on Thursday, hitting $44.33. 15,957 shares of the company’s stock were exchanged, compared to its average volume of 22,002. The company has a 50-day simple moving average of $42.89 and a 200-day simple moving average of $43.86. The stock has a market capitalization of $18.32 billion, a PE ratio of 28.06, a PEG ratio of 2.05 and a beta of 1.42. Alfa Laval Corporate has a 1 year low of $34.99 and a 1 year high of $48.46. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.86 and a current ratio of 1.38.

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.

Alfa Laval Corporate Company Profile

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.