American Lorain Co. (NYSEAMERICAN:ALN) Sees Significant Growth in Short Interest

American Lorain Co. (NYSEAMERICAN:ALN) was the recipient of a large increase in short interest in the month of December. As of December 29th, there was short interest totalling 107,186 shares, an increase of 654.3% from the December 15th total of 14,210 shares. Based on an average trading volume of 245,077 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.6% of the shares of the company are sold short.

American Lorain (NYSEAMERICAN ALN) traded down $0.01 during trading on Friday, reaching $0.22. 1,290,000 shares of the company’s stock traded hands, compared to its average volume of 886,845. The company has a market cap of $8.42, a PE ratio of -0.10 and a beta of 0.65. American Lorain has a 52-week low of $0.14 and a 52-week high of $0.60.

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American Lorain Company Profile

American Lorain Corporation is a food manufacturing company. The Company develops, manufactures and sells a range of food products, including Chestnut products, Convenience foods and Frozen food products. The Company operates through three segments: Chestnut products, Convenience food products and Frozen food products.

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