What’s Propelling Altran Technologies S A (OTCMKTS:ALTKY) After Higher Shorts Reported?

June 17, 2018 - By Linda Rogers

Altran Technologies S.A. (OTCMKTS:ALTKY) Logo

The stock of Altran Technologies S A (OTCMKTS:ALTKY) registered an increase of 7700% in short interest. ALTKY’s total short interest was 7,800 shares in June as published by FINRA. Its up 7700% from 100 shares, reported previously. With 3,300 shares average volume, it will take short sellers 2 days to cover their ALTKY’s short positions.

It closed at $1.65 lastly. It is up 0.00% since June 17, 2017 and is . It has underperformed by 12.57% the S&P500.

Altran Technologies S.A. offers engineering consulting services for the creation and development of new services and products in France and internationally. The company has market cap of $3.93 billion. The firm provides various services in the areas of intelligent systems, innovative product development, lifecycle experience, mechanical engineering, and information systems. It has a 18.86 P/E ratio. It offers solutions for embedded and real-time systems that are connected with processing power, as well as performs complex applications in the areas of autonomous systems, smart phones, smart meters, medical devices, connected cars, advanced air traffic control, and smart sensors.

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