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

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

Wall Street Analyst Weigh In

Several research firms have recently weighed in on AIQUY. Redburn Atlantic raised shares of L’Air Liquide from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 24th. Citigroup reaffirmed a “buy” rating on shares of L’Air Liquide in a research note on Monday, March 24th.

L’Air Liquide Trading Up 0.3 %

Shares of AIQUY stock opened at $39.29 on Thursday. L’Air Liquide has a 1-year low of $31.68 and a 1-year high of $39.98. The company has a current ratio of 0.77, a quick ratio of 0.57 and a debt-to-equity ratio of 0.32. The stock’s fifty day simple moving average is $37.66 and its 200-day simple moving average is $35.52.

Hedge Funds Weigh In On L’Air Liquide

Institutional investors and hedge funds have recently bought and sold shares of the business. GAMMA Investing LLC lifted its position in shares of L’Air Liquide by 52.2% in the first quarter. GAMMA Investing LLC now owns 4,629 shares of the basic materials company’s stock worth $176,000 after purchasing an additional 1,588 shares in the last quarter. SVB Wealth LLC acquired a new position in L’Air Liquide in the 4th quarter valued at approximately $248,000. Madison Investment Advisors LLC purchased a new stake in L’Air Liquide in the 4th quarter worth approximately $1,147,000. Rhumbline Advisers boosted its stake 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 valued at $1,986,000 after buying an additional 3,371 shares during the period. Finally, Boston Common Asset Management LLC grew its holdings in shares of L’Air Liquide by 72.8% during the 1st quarter. Boston Common Asset Management LLC now owns 108,298 shares of the basic materials company’s stock valued at $4,098,000 after acquiring an additional 45,612 shares in the last quarter. Hedge funds and other institutional investors own 0.01% of the company’s stock.

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.