L’Air Liquide S.A. (OTCMKTS:AIQUY) Short Interest Down 62.4% in May

L’Air Liquide S.A. (OTCMKTS:AIQUY) saw a large decline in short interest in May. As of May 31st, there was short interest totalling 121,500 shares, a decline of 62.4% from the May 15th total of 323,000 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 412,700 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Investors Weigh In On L’Air Liquide

Large investors have recently bought and sold shares of the stock. Rhumbline Advisers lifted its stake in shares of L’Air Liquide by 5.8% in the fourth 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 in the last quarter. GAMMA Investing LLC increased its holdings in L’Air Liquide by 5,687.4% during the first quarter. GAMMA Investing LLC now owns 175,995 shares of the basic materials company’s stock worth $6,691,000 after buying an additional 172,954 shares during the last quarter. Madison Investment Advisors LLC purchased a new stake in L’Air Liquide during the fourth quarter worth about $1,147,000. SVB Wealth LLC purchased a new stake in L’Air Liquide during the fourth quarter worth about $248,000. Finally, Boston Common Asset Management LLC increased its stake 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 worth $4,098,000 after purchasing an additional 45,612 shares in the last quarter. 0.01% of the stock is currently owned by institutional investors and hedge funds.

L’Air Liquide Price Performance

AIQUY opened at $42.54 on Friday. 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 company has a fifty day moving average of $40.57 and a 200-day moving average of $37.01. L’Air Liquide has a twelve month low of $31.68 and a twelve month high of $42.67.

L’Air Liquide Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, June 12th. Shareholders of record on Monday, May 19th were issued a $0.5257 dividend. This represents a yield of 1.26%. The ex-dividend date was Friday, May 16th.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on AIQUY shares. JPMorgan Chase & Co. cut shares of L’Air Liquide from an “overweight” rating to a “neutral” rating in a research report on Tuesday, April 29th. Citigroup restated a “buy” rating on shares of L’Air Liquide in a research report on Monday, March 24th. Finally, Santander assumed coverage on shares of L’Air Liquide in a research report on Tuesday, May 27th. They issued a “neutral” rating for the company.

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.