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

L’Air Liquide S.A. (OTCMKTS:AIQUY) was the target of a significant decline in short interest in the month of October. As of October 15th, there was short interest totalling 37,000 shares, a decline of 45.6% from the September 30th total of 68,000 shares. Based on an average daily trading volume, of 180,400 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of L’Air Liquide

An institutional investor recently raised its position in L’Air Liquide stock. Rhumbline Advisers boosted its holdings in shares of L’Air Liquide S.A. (OTCMKTS:AIQUY) by 20.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 54,408 shares of the basic materials company’s stock after purchasing an additional 9,268 shares during the period. Rhumbline Advisers’ holdings in L’Air Liquide were worth $1,885,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 0.01% of the company’s stock.

L’Air Liquide Price Performance

AIQUY stock opened at $36.00 on Friday. The company’s 50-day moving average price is $37.30 and its two-hundred day moving average price is $36.35. L’Air Liquide has a 12 month low of $30.15 and a 12 month high of $39.54.

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.