L’Air Liquide S.A. (OTCMKTS:AIQUY) Short Interest Up 294.9% in January

L’Air Liquide S.A. (OTCMKTS:AIQUY) saw a large increase in short interest in January. As of January 31st, there was short interest totalling 156,000 shares, an increase of 294.9% from the January 15th total of 39,500 shares. Based on an average daily volume of 539,400 shares, the short-interest ratio is currently 0.3 days.

Wall Street Analysts Forecast Growth

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

L’Air Liquide Price Performance

Shares of OTCMKTS:AIQUY traded up $0.35 during midday trading on Wednesday, reaching $35.35. The company had a trading volume of 168,709 shares, compared to its average volume of 253,788. The company has a fifty day simple moving average of $33.33 and a two-hundred day simple moving average of $35.19. L’Air Liquide has a 1-year low of $31.68 and a 1-year high of $39.54. The company has a current ratio of 0.77, a quick ratio of 0.57 and a debt-to-equity ratio of 0.32.

Institutional Trading of L’Air Liquide

Hedge funds have recently bought and sold shares of the company. Kornitzer Capital Management Inc. KS acquired a new stake in shares of L’Air Liquide during the third quarter valued at approximately $202,000. SVB Wealth LLC purchased a new position in L’Air Liquide during the 4th quarter worth approximately $248,000. Hancock Whitney Corp raised its stake in L’Air Liquide by 8.7% during the 3rd quarter. Hancock Whitney Corp now owns 16,872 shares of the basic materials company’s stock valued at $652,000 after purchasing an additional 1,356 shares during the period. Madison Investment Advisors LLC purchased a new stake in shares of L’Air Liquide in the fourth quarter valued at $1,147,000. Finally, Moloney Securities Asset Management LLC boosted its position in shares of L’Air Liquide by 7.4% in the third quarter. Moloney Securities Asset Management LLC now owns 38,951 shares of the basic materials company’s stock worth $1,506,000 after buying an additional 2,667 shares during the period. 0.01% of the stock is owned by hedge funds and other institutional investors.

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.