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

L’Air Liquide S.A. (OTCMKTS:AIQUY) was the recipient of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totalling 37,000 shares, a decrease of 45.6% from the September 30th total of 68,000 shares. Based on an average daily volume of 180,400 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in L’Air Liquide stock. Rhumbline Advisers raised its holdings in L’Air Liquide S.A. (OTCMKTS:AIQUY) by 20.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 54,408 shares of the basic materials company’s stock after acquiring an additional 9,268 shares during the period. Rhumbline Advisers’ holdings in L’Air Liquide were worth $1,885,000 at the end of the most recent quarter. 0.01% of the stock is owned by institutional investors and hedge funds.

L’Air Liquide Stock Performance

Shares of AIQUY opened at $36.00 on Friday. The company’s fifty day simple moving average is $37.31 and its 200 day simple moving average is $36.36. L’Air Liquide has a 1-year low of $30.15 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.