L’Air Liquide S.A. (OTCMKTS:AIQUY) Short Interest Up 294.9% in January

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

Institutional Investors Weigh In On L’Air Liquide

A number of institutional investors have recently modified their holdings of the business. Madison Investment Advisors LLC bought a new position in L’Air Liquide during the fourth quarter worth about $1,147,000. SVB Wealth LLC bought a new position in shares of L’Air Liquide during the fourth quarter worth approximately $248,000. Rhumbline Advisers raised its position in shares of L’Air Liquide by 5.8% in the fourth quarter. Rhumbline Advisers now owns 61,579 shares of the basic materials company’s stock valued at $1,986,000 after buying an additional 3,371 shares in the last quarter. Hancock Whitney Corp boosted its stake in shares of L’Air Liquide by 8.7% in the third quarter. Hancock Whitney Corp now owns 16,872 shares of the basic materials company’s stock valued at $652,000 after buying an additional 1,356 shares during the period. Finally, Kornitzer Capital Management Inc. KS acquired a new stake in L’Air Liquide during the third quarter worth approximately $202,000. Institutional investors own 0.01% of the company’s stock.

Wall Street Analysts Forecast Growth

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

L’Air Liquide Stock Up 0.8 %

AIQUY opened at $35.93 on Friday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.57 and a current ratio of 0.77. The business has a fifty day simple moving average of $33.37 and a 200 day simple moving average of $35.19. L’Air Liquide has a 1 year low of $31.68 and a 1 year high of $39.54.

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.