L’Air Liquide S.A. (OTCMKTS:AIQUY) Short Interest Up 70.6% in March

L’Air Liquide S.A. (OTCMKTS:AIQUY) saw a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 246,300 shares, an increase of 70.6% from the February 28th total of 144,400 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 661,200 shares, the short-interest ratio is currently 0.4 days.

Hedge Funds Weigh In On L’Air Liquide

Institutional investors have recently made changes to their positions in the company. Rhumbline Advisers lifted its stake in L’Air Liquide by 5.8% in the fourth 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 during the period. SVB Wealth LLC purchased a new stake in shares of L’Air Liquide in the 4th quarter worth approximately $248,000. Finally, Madison Investment Advisors LLC purchased a new stake in shares of L’Air Liquide in the 4th quarter worth approximately $1,147,000. Hedge funds and other institutional investors own 0.01% of the company’s stock.

L’Air Liquide Stock Up 0.5 %

AIQUY opened at $38.11 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 stock’s fifty day moving average is $36.69 and its two-hundred day moving average is $35.53. L’Air Liquide has a 52 week low of $31.68 and a 52 week high of $39.98.

Wall Street Analyst Weigh In

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

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.