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

L’Air Liquide S.A. (OTCMKTS:AIQUY) was the target of a large increase in short interest in 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 shares of the company are sold short. Based on an average daily volume of 661,200 shares, the short-interest ratio is presently 0.4 days.

Hedge Funds Weigh In On L’Air Liquide

A number of large investors have recently bought and sold shares of AIQUY. Madison Investment Advisors LLC purchased a new stake in shares of L’Air Liquide during the fourth quarter worth $1,147,000. SVB Wealth LLC purchased a new stake in shares of L’Air Liquide in the 4th quarter valued at approximately $248,000. Finally, Rhumbline Advisers increased its holdings in shares of L’Air Liquide by 5.8% during the 4th quarter. Rhumbline Advisers now owns 61,579 shares of the basic materials company’s stock worth $1,986,000 after buying an additional 3,371 shares during the last quarter. Institutional investors and hedge funds own 0.01% of the company’s stock.

L’Air Liquide Trading Up 0.5 %

Shares of L’Air Liquide stock opened at $38.11 on Friday. The firm has a 50-day simple moving average of $36.69 and a two-hundred day simple moving average of $35.52. The company has a current ratio of 0.77, a quick ratio of 0.57 and a debt-to-equity ratio of 0.32. L’Air Liquide has a fifty-two week low of $31.68 and a fifty-two week high of $39.98.

Analyst Upgrades and Downgrades

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

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.