The stock of ALFA-LAVAL AB (OTCMKTS:ALFVF) registered an increase of 10.69% in short interest. ALFVF’s total short interest was 4.72 million shares in September as published by FINRA. Its up 10.69% from 4.26 million shares, reported previously. With 100 shares average volume, it will take short sellers 47194 days to cover their ALFVF’s short positions. The stock last traded at $16.43 per share. It is down 0.12% since February 8, 2016 and is downtrending. It has underperformed by 16.61% the S&P500.
Alfa Laval AB is a Sweden firm engaged in the development, manufacture and marketing of products and solutions for heat transfer, separation and fluid handling. The company has a market cap of $6.89 billion. The Company’s products are used in various industries, including production of chemicals, starch, paper, metals, sugar and ethanol. It currently has negative earnings. The Company’s solutions are also used onboard vessels and in the engineering sector, mining industry and refinery sector, as well as for treating wastewater and creating a comfortable indoor climate.
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