Short Interest in Avance Gas Holding Ltd (OTCMKTS:AVACF) Grows By 780.0%

Avance Gas Holding Ltd (OTCMKTS:AVACF) was the target of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 4,400 shares, an increase of 780.0% from the February 28th total of 500 shares. Based on an average trading volume of 116,400 shares, the days-to-cover ratio is currently 0.0 days.

Avance Gas Trading Up 1.7 %

AVACF opened at $0.97 on Thursday. The business’s 50-day simple moving average is $4.08 and its 200 day simple moving average is $7.40. Avance Gas has a 52-week low of $0.80 and a 52-week high of $19.57.

Avance Gas Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, March 14th. Investors of record on Thursday, March 6th were paid a $0.75 dividend. The ex-dividend date was Thursday, March 6th.

Avance Gas Company Profile

Avance Gas Holding Ltd, together with its subsidiaries, engages in the transportation of liquefied petroleum gas (LPG) worldwide. The company transports LPG from the Middle East Gulf and the United States Gulf/the United States East Coast to destinations in Europe, South America, India, and Asia. As of December 31, 2023, it owned and operated through a fleet of fourteen very large gas carriers and six dual-fuel LPG newbuildings.