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

L’Air Liquide S.A. (OTCMKTS:AIQUY) saw a large decrease in short interest in the month of March. As of March 31st, there was short interest totalling 132,000 shares, a decrease of 46.4% from the March 15th total of 246,300 shares. Based on an average daily volume of 434,000 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.0% of the shares of the company are sold short.

Hedge Funds Weigh In On L’Air Liquide

Several large investors have recently modified their holdings of AIQUY. GAMMA Investing LLC boosted its holdings in shares of L’Air Liquide by 52.2% during the 1st quarter. GAMMA Investing LLC now owns 4,629 shares of the basic materials company’s stock worth $176,000 after buying an additional 1,588 shares during the period. Rhumbline Advisers lifted its position in L’Air Liquide by 5.8% during 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 last quarter. SVB Wealth LLC acquired a new stake in L’Air Liquide during the fourth quarter worth approximately $248,000. Madison Investment Advisors LLC bought a new stake in shares of L’Air Liquide during the fourth quarter worth approximately $1,147,000. Finally, Boston Common Asset Management LLC grew its position in shares of L’Air Liquide by 72.8% in the first quarter. Boston Common Asset Management LLC now owns 108,298 shares of the basic materials company’s stock valued at $4,098,000 after purchasing an additional 45,612 shares during the last quarter. 0.01% of the stock is owned by institutional investors.

L’Air Liquide Trading Up 0.3 %

Shares of L’Air Liquide stock opened at $39.41 on Friday. The company has a quick ratio of 0.57, a current ratio of 0.77 and a debt-to-equity ratio of 0.32. The business has a fifty day simple moving average of $37.75 and a two-hundred day simple moving average of $35.52. L’Air Liquide has a 1 year low of $31.68 and a 1 year high of $39.98.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on AIQUY shares. Citigroup reiterated a “buy” rating on shares of L’Air Liquide in a research note on Monday, March 24th. Redburn Atlantic upgraded 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.