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.
WARNING: “American Lorain Co. (NYSEAMERICAN:ALN) Sees Significant Growth in Short Interest” was published by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this report on another publication, it was illegally copied and republished in violation of United States and international copyright and trademark law. The legal version of this report can be viewed at https://www.dispatchtribunal.com/2018/02/04/american-lorain-co-aln-sees-large-increase-in-short-interest.html.
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.
Receive News & Ratings for American Lorain Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Lorain and related companies with MarketBeat.com's FREE daily email newsletter.