November 24, 2016 - By Winifred Garcia · 0 Comments
The stock of ALFA-LAVAL AB (OTCMKTS:ALFVF) registered a decrease of 24.99% in short interest. ALFVF’s total short interest was 2.17 million shares in November as published by FINRA. Its down 24.99% from 2.89 million shares, reported previously. With 100 shares average volume, it will take short sellers 21707 days to cover their ALFVF’s short positions. The stock closed at $14.46 during the last session. It is down 8.27% since April 22, 2016 and is downtrending. It has underperformed by 13.68% 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 $6.07 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.
More notable recent Alfa Laval AB (OTCMKTS:ALFVF) news were published by: Businesswire.com which released: “Alfa Laval AB (publ) Interim Report July 1 – September 30, 2016” on October 25, 2016, also Businesswire.com with their article: “Alfa Laval AB’s Nomination Committee for the Annual General Meeting 2017” published on October 14, 2016, Bloomberg.com published: “Alfa Laval Buys Norwegian Pump Maker Mohn for $2.2 Billion” on April 07, 2014. More interesting news about Alfa Laval AB (OTCMKTS:ALFVF) were released by: Businesswire.com and their article: “Alfa Laval Presents First Results from Strategic Review” published on August 30, 2016 as well as Prnewswire.com‘s news article titled: “Global Sedimentation and Centrifugation Market 2015-2019 with Alfa Laval AB …” with publication date: February 18, 2015.
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By Winifred Garcia