Short Interest in Alfa Laval Corporate AB (OTCMKTS:ALFVF) Drops By 58.4%

Alfa Laval Corporate AB (OTCMKTS:ALFVFGet Free Report) was the recipient of a large drop in short interest in the month of February. As of February 27th, there was short interest totaling 876,536 shares, a drop of 58.4% from the February 12th total of 2,107,455 shares. Based on an average daily trading volume, of 115 shares, the short-interest ratio is currently 7,622.1 days. Based on an average daily trading volume, of 115 shares, the short-interest ratio is currently 7,622.1 days.

Alfa Laval Corporate Price Performance

Shares of OTCMKTS:ALFVF opened at $59.00 on Friday. The company has a 50 day moving average of $55.83 and a 200-day moving average of $49.84. Alfa Laval Corporate has a twelve month low of $46.50 and a twelve month high of $59.00.

About Alfa Laval Corporate

(Get Free Report)

Alfa Laval Corporate (OTCMKTS:ALFVF) is a Swedish engineering company specializing in heat transfer, separation and fluid handling technologies. Its products and solutions are used to improve energy efficiency, enhance food safety and support environmentally sustainable operations. Alfa Laval serves customers across a broad range of industries, including oil and gas, chemical processing, power generation, marine transportation and food and beverage production.

The company traces its roots to the late 19th century, when Swedish engineer Gustaf de Laval invented a centrifugal milk-separator in 1883.

Recommended Stories

Receive News & Ratings for Alfa Laval Corporate Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alfa Laval Corporate and related companies with MarketBeat.com's FREE daily email newsletter.