L’Air Liquide S.A. (OTCMKTS:AIQUY) Sees Significant Growth in Short Interest

L’Air Liquide S.A. (OTCMKTS:AIQUY) saw a significant increase in short interest during the month of January. As of January 15th, there was short interest totalling 36,200 shares, an increase of 346.9% from the December 31st total of 8,100 shares. Based on an average daily trading volume, of 815,200 shares, the short-interest ratio is currently 0.0 days.

Institutional Investors Weigh In On L’Air Liquide

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Kornitzer Capital Management Inc. KS bought a new position in L’Air Liquide in the 3rd quarter valued at about $202,000. Hancock Whitney Corp increased its holdings in L’Air Liquide by 8.7% in the 3rd quarter. Hancock Whitney Corp now owns 16,872 shares of the basic materials company’s stock worth $652,000 after purchasing an additional 1,356 shares in the last quarter. Moloney Securities Asset Management LLC raised its holdings in L’Air Liquide by 7.4% in the 3rd quarter. Moloney Securities Asset Management LLC now owns 38,951 shares of the basic materials company’s stock valued at $1,506,000 after buying an additional 2,667 shares during the last quarter. Finally, Boston Common Asset Management LLC raised its stake in shares of L’Air Liquide by 7.2% during the third quarter. Boston Common Asset Management LLC now owns 70,804 shares of the basic materials company’s stock valued at $2,738,000 after acquiring an additional 4,726 shares during the last quarter. 0.01% of the stock is currently owned by institutional investors and hedge funds.

L’Air Liquide Price Performance

Shares of AIQUY stock traded down $0.10 on Tuesday, hitting $34.81. The company’s stock had a trading volume of 234,865 shares, compared to its average volume of 391,339. The company has a current ratio of 0.77, a quick ratio of 0.57 and a debt-to-equity ratio of 0.32. L’Air Liquide has a fifty-two week low of $31.68 and a fifty-two week high of $39.54. The stock’s 50 day moving average is $32.96 and its 200-day moving average is $35.26.

Analyst Ratings Changes

Separately, Redburn Atlantic raised L’Air Liquide from a “hold” rating to a “strong-buy” rating in a report on Friday.

About L’Air Liquide

L'Air Liquide SA provides gases, technologies, and services for the industrial and health sectors in Europe, the Americas, the Asia Pacific, the Middle East, and Africa. It operates in Gas & Services, Engineering & Construction, and Global Markets & Technologies segments. The Gas & Services segment comprises large industries business, which offers gas and energy solutions including oxygen, nitrogen, argon, hydrogen, and carbon monoxide, as well as operates cogeneration plants to supply steam and electricity to metals, chemicals, refining, and energy industries; and industrial merchant business line provides industrial gases, equipment, hardgoods, and associated services to materials and energy, automotive and manufacturing, food and pharmaceuticals, technology and research, and craftsmen and retail sectors.