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

L’Air Liquide S.A. (OTCMKTS:AIQUY) was the target of a significant growth in short interest during the month of January. As of January 31st, there was short interest totalling 156,000 shares, a growth of 294.9% from the January 15th total of 39,500 shares. Based on an average daily volume of 539,400 shares, the short-interest ratio is currently 0.3 days.

L’Air Liquide Stock Up 0.9 %

AIQUY opened at $35.66 on Thursday. The firm’s 50 day simple moving average is $33.33 and its two-hundred day simple moving average is $35.19. L’Air Liquide has a 1-year low of $31.68 and a 1-year high of $39.54. The company has a current ratio of 0.77, a quick ratio of 0.57 and a debt-to-equity ratio of 0.32.

Analysts Set New Price Targets

Separately, Redburn Atlantic raised shares of L’Air Liquide from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 24th.

Institutional Investors Weigh In On L’Air Liquide

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Madison Investment Advisors LLC bought a new stake in L’Air Liquide during the fourth quarter valued at about $1,147,000. SVB Wealth LLC bought a new position in shares of L’Air Liquide during the 4th quarter valued at approximately $248,000. Kornitzer Capital Management Inc. KS bought a new position in shares of L’Air Liquide during the 3rd quarter valued at approximately $202,000. Rhumbline Advisers increased its holdings in L’Air Liquide by 5.8% in the 4th quarter. Rhumbline Advisers now owns 61,579 shares of the basic materials company’s stock worth $1,986,000 after acquiring an additional 3,371 shares in the last quarter. Finally, Moloney Securities Asset Management LLC raised its stake in L’Air Liquide by 7.4% during the 3rd quarter. Moloney Securities Asset Management LLC now owns 38,951 shares of the basic materials company’s stock worth $1,506,000 after acquiring an additional 2,667 shares during the period. 0.01% of the stock is currently owned by hedge funds and other institutional investors.

L’Air Liquide Company Profile

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.